China’s audacious aim: pursuing five per cent growth target amidst economists’ scepticism March 5, 2024 China has set its sights on achieving an economic growth target of approximately 5% for the current year, a goal that some economists consider ambitious.
China bounces back in February and dominates best performing funds March 4, 2024 The best performing funds throughout February were dominated by Chinese funds, while property and physical metal funds both lost out as the worst performers. Throughout last month, the best performing fund was Matthews China Small Companies, which returned 14.4 per cent, according to data from FE Fundinfo. Indeed, seven of the top 10 performing funds [...]
Approval for £144m US takeover of UK’s largest microchip plant Nexperia March 1, 2024 The £144m takeover of the UK's largest microchip plant by a New York-listed group has been approved by the Government.
Country Garden hit with winding up petition in latest threat to China’s real estate sector February 28, 2024 China's property crisis shows no sign of abating after the country's largest property developer was hit by a winding up petition from a creditor.
Temu: Chinese platform which encourages customers to ‘shop like a billionaire’ to rake in $40bn in Amazon challenge February 26, 2024 Temu, the ultra cheap Chinese retailer, is forecast to rack in $40bn (£31bn) in gross merchandise value (GMV), as it continues to spawn the western retail market.
China’s central bank slashes mortgage rates in high-stakes bid to revitalize property market February 20, 2024 China's central bank slashed the benchmark mortgage interest rate on Tuesday in a bid to jumpstart the country's sluggish property market and boost its struggling economy.
FTSE 100 close: Strong Barclays results fails to lift London due to China concerns February 20, 2024 Caution gripped the air as investors continued to fret over the prospects of the world's second largest economy.
Prices in China fall at fastest rate since 2009 as risk of persistent deflation looms February 8, 2024 Plummeting food prices were the main drag on inflation, with prices falling 5.9 per cent year-on-year. Pork prices fell over 17 per cent.
Year of the Dragon: Why investors have soured on China’s economic prospects February 7, 2024 China has powered global growth for decades, but as the year of the dragon begins, has the country still got its fire? Elliot Gulliver-Needham reports
China’s January factory activity contracts again, dimming economic recovery prospects January 31, 2024 China's manufacturing sector, while showing slight improvement in January, sustained its fourth consecutive month of contraction despite government efforts to boost growth and weak demand, clouding the country's economic recovery outlook.