Car sales fell 19.6% in September from 2020, amid supply and power constraints, but sales of new energy vehicles were strong, industry officials said.
All industrial and commercial users will have to buy directly from the market or agents over the grid – just 44% do this now – in a move aimed at stopping high energy consumption
Bourse blames outdated info after it suspended the review of 57 IPO applications affecting over $21 billion in targeted fundraising
Tight credit controls on mortgage and developer loans may also be gradually relaxed, Bank of America Securities says
Authorities striving to control the vast volumes of data gathered by cars as ‘smart’ vehicles proliferate
Property bonds sink after Modern Land asks to delay maturity on bond due this month. Holders of offshore Evergrande bonds also await news on $148m in payments after missed Sept deadlines.
President of democratically ruled island defiant in face of record number of Chinese incursion in air space
Governor Yi Gang says nation won’t relent in crackdown that’s already snared Alibaba unit Ant Financial
Beijing to enshrine in law a ban that’s forced miners from the country. Proposed list of prohibited industries is shortened, however
Investors hire lawyers in anticipation of announcement that troubled property developer will declare itself unable to meet obligations
China’s overheated real estate market is impacting the country’s economy, and the Evergrande crisis points to deeper policy and structural...
Consumption dropped during the Golden Week holiday, suggesting that Beijing’s “zero-Covid” strategy and demand and supply shocks could cause another drop in GDP growth.