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Page 17 - Chinese Economy

China developer Modern Land fails to repay $250-million bond

Fitch Ratings downgraded Modern Land to restricted default from C late Tuesday following the payment miss

China developer Modern Land fails to repay $250-million bond
Updated On : 27 Oct 2021 | 1:51 AM IST

China's prosperity goals and the world

Xi Jinping's new vision for the economy means less prosperity for people globally

China's prosperity goals and the world
Updated On : 20 Oct 2021 | 7:19 AM IST
China's economy stumbles on power crunch and property woes
Updated On : 19 Oct 2021 | 2:33 AM IST

China economy set to slow after successive batterings: Report

Crackdown on property market, energy crunch to hamper growth

China economy set to slow after successive batterings: Report
Updated On : 18 Oct 2021 | 1:29 AM IST

China's Xi calls for progress on property tax in drive for prosperity

China, still an avowedly socialist country, has vowed to reduce inequality after years of breakneck growth while stressing that people should still work hard to create wealth

China's Xi calls for progress on property tax in drive for prosperity
Updated On : 16 Oct 2021 | 2:31 AM IST

A made-in-China financial crisis?

The Evergrande implosion could have serious consequences for jobs and growth

A made-in-China financial crisis?
Updated On : 12 Oct 2021 | 10:08 AM IST

China's housing conundrum

As impressive as China has been at building roads, bridges, and houses, its real estate construction boom is coming to an end, and there is no reason to expect a smooth landing

China's housing conundrum
Updated On : 04 Oct 2021 | 10:27 PM IST

Evergrande crisis: A modified script may need to be written on China

This crisis could mark the end of the long run of "miracle" growth that made China the world's second-largest economy, and a challenger to the US in economic and strategic clout, writes T N Ninan

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Updated On : 24 Sep 2021 | 11:06 PM IST

Fitch Ratings cuts China's growth forecast to 8.1% on property curbs

It added that the economic slowdown has already prompted a recalibration of macroeconomic policy settings

Fitch Ratings cuts China's growth forecast to 8.1% on property curbs
Updated On : 23 Sep 2021 | 10:50 PM IST

China tells states to be ready for Evergrande's possible collapse

Authorities ask embattled developer to avoid near-term default on bonds

China tells states to be ready for Evergrande's possible collapse
Updated On : 23 Sep 2021 | 10:47 PM IST

Evergrande domestic debt deal calms immediate contagion concern

Many financial institutions have exposure to Evergrande through direct loans and indirect holdings

Evergrande domestic debt deal calms immediate contagion concern
Updated On : 23 Sep 2021 | 2:21 AM IST

China fear spreads beyond Evergrande crisis, roiling stock markets

At 24,099 points, Hong Kong's broader Hang Seng index closed at its lowest level since Oct '20

China fear spreads beyond Evergrande crisis, roiling stock markets
Updated On : 21 Sep 2021 | 10:07 AM IST

Chinese property developer Evergrande's debt struggle rattles investors

One of China's biggest real estate developers is struggling to avoid defaulting on billions of dollars of debt, prompting concern about a broader economic fallout and protests by buyers

Chinese property developer Evergrande's debt struggle rattles investors
Updated On : 16 Sep 2021 | 12:52 AM IST

China's data burst casts pall over global recovery, UK prices spike

Yields recovered slightly to 1.2820%, while the dollar eased 0.124% .

China's data burst casts pall over global recovery, UK prices spike
Updated On : 15 Sep 2021 | 5:08 PM IST

China's economy threatened by a property giant's debt problems

Real estate developer Evergrande once binged on debt. Now the music has stopped, investors are panicking and experts warning of an imminent failure

China's economy threatened by a property giant's debt problems
Updated On : 13 Sep 2021 | 12:34 AM IST

Chinese state firms to take big stake in Ant's credit-scoring JV

The plan would represent one of the most prominent outcomes of a govt push for state-backed firms to exert more control and influence

Chinese state firms to take big stake in Ant's credit-scoring JV
Updated On : 02 Sep 2021 | 1:50 AM IST

China's factory activity expands at slower pace in August, services shrink

China's factory activity expanded at a slower pace in August, while the services sector slumped into contraction, as covid-related restrictions and high raw material prices pressure businesses

China's factory activity expands at slower pace in August, services shrink
Updated On : 31 Aug 2021 | 7:54 AM IST

China to meet economic targets with virus curbs: President Xi Jinping

Xi said China should push for high-quality development and better coordinated policies around development and safety

China to meet economic targets with virus curbs: President Xi Jinping
Updated On : 27 Aug 2021 | 2:30 AM IST

China eyes wealth redistribution in push for 'common prosperity'

Since Xi took office in 2012, the ruling party has made it a priority to end poverty and build a moderately prosperous society

China eyes wealth redistribution in push for 'common prosperity'
Updated On : 19 Aug 2021 | 12:50 AM IST

China central bank to keep monetary policy 'flexible and appropriate'

In its second-quarter monetary policy implementation report, the People's Bank of China said it would keep liquidity reasonably ample

China central bank to keep monetary policy 'flexible and appropriate'
Updated On : 10 Aug 2021 | 12:50 AM IST