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.
Evergrande: Hong Kong court orders China property developer to liquidate January 29, 2024 A Hong Kong court on Monday ordered property developer China Evergrande Group to liquidate after it was unable to reach a restructuring deal with creditors. Judge Linda Chan said it was appropriate for the court to order Evergrande to wind up its business given a “lack of progress on the part of the company putting [...]
UK tech sector is ‘not just OnlyFans’, business minister claims January 25, 2024 A business minister has told MPs the UK’s science and technology sector is “not just Only Fans”.
What you need to know about China’s new bank rules — and why experts are calling for more stimulus January 24, 2024 Markets have been digesting the latest attempt by Chinese policymakers to inject some life into China's flatlining economy.
HSBC chair meets Chinese vice president in effort to deepen ties: state media January 22, 2024 Chinese Vice President Han Zheng met with HSBC chair Mark Tucker in Beijing on Monday and urged the Asia-focused lender to deepen cooperation with the country, according to state media Xinhua.
China keeps loan rates steady despite sluggish economy; economists expect reserve ratio cut January 22, 2024 The People's Bank of China (PBoC) kept its loan prime rates unchanged on Monday, despite concerns about a potential downturn in the property sector, a slowing economy, and subdued investor sentiment.
China’s 2023 odyssey: economy grows by 5.2 per cent, population declines by two million January 17, 2024 China's economy grew by 5.2% in 2023, but a 2 million population decline highlighted challenges from a slowing property market and demographic pressures.