Showing 1 - 10 of 49
Global Housing Boom Fades as Interest Rates Climb
Business, Published on 20/07/2022
» Rising interest rates are slamming the brakes on a global housing boom that spread far beyond the U.S. during the pandemic, heaping extra pressure on central banks as they try to tame inflation without triggering deep downturns in their economies.
China growth slumps on virus lockdowns, real estate woes: poll
AFP, Published on 13/07/2022
» BEIJING: China's economic expansion slumped in the second quarter to levels not seen since early 2020, an AFP poll of analysts found, owing to painful Covid lockdowns and lingering weakness in the real estate sector.
China's economy grew 8% in 2021 but property, virus threats loom: AFP poll
AFP, Published on 15/01/2022
» BEIJING - China's economy expanded at its fastest pace for 10 years in 2021, according to an AFP poll of analysts, but its strong recovery from the Covid-19 pandemic is threatened by Omicron and a property sector slowdown.
China's factory inflation hit 25-year high in September
AFP, Published on 14/10/2021
» BEIJING - China's factory inflation hit its highest level in a quarter of a century on surging commodity costs last month, with Thursday's figures fanning concerns that higher prices could filter through supply chains and into the global economy.
China exports robust in July as port activity rebounds
AFP, Published on 07/08/2021
» BEIJING - China's exports remained robust in July despite losing some steam, customs data showed Saturday, with analysts noting a rebound in port activity but warning that the recent spread of the Delta variant could act as a drag on growth.
Chinese economy contracts for first time in decades
AFP, Published on 15/04/2020
» BEIJING: China's economy contracted for the first time in around three decades in the first quarter as the coronavirus crisis brought the country to a standstill, according to an AFP poll of economists.
China slashes rate, pumps $7bn into market to counter virus
AFP, Published on 30/03/2020
» BEIJING: China's central bank on Monday cut an interest rate on loans to banks by the largest margin in five years and injected 50 billion yuan ($7 billion) into the financial system to help the world's second-largest economy weather the coronavirus impact.
China's economy shows further weakness as retail sales struggle
AFP, Published on 15/05/2019
» BEIJING: China's economy showed further signs of weakness in April as the slowest growth in retail sales for 16 years highlighted the task leaders have in ramping up domestic demand at the same time as fighting a painful trade war with the US.
Economists see stability in Xi supremacy, Chinese eye exit
AFP, Published on 28/02/2018
» BEIJING: As Xi Jinping marches toward presidency for life, economists are lauding the stability of his continued rule but the move has caused some Chinese people to consider moving assets, or themselves, abroad.
China producer prices fall at slowest in 4 years: govt
AFP, Published on 09/09/2016
» BEIJING - China's producer prices fell at their slowest rate for more than four years in August, the government said Friday, another sign of stabilisation in the world's second-largest economy.