In July new construction starts by floor area fell by over 45%, the fastest pace since early 2013, while household loans and mortgages plunged from $125bn in June to $18bn in July
Societe Generale said its forecast of 2.7% growth this year ``may still prove too optimistic,’’ with July’s trajectory indicating expansion of less than 2% if policymakers ease too little.
India's billionaire Rakesh Jhunjhunwala - known as the country's Warren Buffett and the Big Bull – died on Sunday, drawing praise from Modi and many others
Thai police have detained a Chinese businessman who set up the Shwe Kokko special economic zone in eastern Myanmar notorious for human trafficking and online gambling
China's financial hub Shanghai is set to reopen all schools, kindergartens and nurseries on September 1, officials said on Sunday
The Yuan Wang 5 is expected to arrive at the island nation's southernmost port, Hambantota, on Tuesday – despite security concerns raised by its neighbour India and the US.
Many private companies in Dongguan have been forced to shut down, lay off staff, or suspend production because zero-Covid restrictions had a severe impact on their operations
The US warned New Delhi that Russian oil was being exported via high-seas transfers to hide its origin – in violation of US sanctions, a top Indian banker official said on Saturday.
The climate law passed by the US aims to localize the manufacturing of EVs but "adds a steep requirement aimed at weeding out 'foreign entities of concern' from supply chains", it says.
China is planning for a meeting between President Xi and US leader Joe Biden in November, according to a Wall Street Journal report, which quoted a top White House official.
New bank lending in China fell by far more than expected in July and broad credit growth slowed – factors that analysts say do not bode well for the economy in the second half.
China Life Insurance, plus oil giants Petrochina and Sinopec, and Chalco, which have a combined market cap of more than $300bn, will voluntarily exit US markets this month