‘Pride of Hainan’ Lawrence Wong, Cathay bosses’ hefty pay rise: 7 highlights
South China Morning Post » China Economy
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1w ago
With the end of pandemic control measures severely reducing the demand for medical testing services, China’s laboratories are facing massive declines in revenue and laying off large portions of their staff ..read more
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China’s diamond industry having a hard time as more consumers go for gold
South China Morning Post » China Economy
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1w ago
A Chinese high-speed railway line in Indonesia has been open for six months – and is popular enough that new trips have been added – but high debt levels are raising questions about its long-term utility ..read more
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Hong Kong stocks at 10-month highs after China’s property rescue measures
South China Morning Post » China Economy
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1w ago
Hong Kong stocks at 10-month highs after China’s property support measures cheer investors ..read more
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China sees Labour Day tourism surge, but no such spike for average spending
South China Morning Post » China Economy
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2w ago
The hike highlights Saudi Arabia’s efforts to keep the market tight amid fading war risk in the Middle East, which has helped drive oil prices in London lower ..read more
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Shenzhen, Wuhan latest Chinese cities to ease housing market restrictions
South China Morning Post » China Economy
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2w ago
Numerous stressors are causing China’s middle class to seek professional help, leading to rapid growth in the mental health industry – but will that be enough to soothe their nerves ..read more
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China’s C919s to roll off line faster, but reliance on engine imports poses risk
South China Morning Post » China Economy
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2w ago
A high-level official with the International Monetary Fund has said if divisions persist between China and the West, the damage that would be done to the global economy would be considerable ..read more
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Domestic demand still ‘key driver’ for growth even as China’s exports recover
South China Morning Post » China Economy
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2w ago
China’s exports and imports returned to growth in April, but analysts said that domestic demand will still be the key driver for economic growth this year ..read more
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China’s central bank drops hints at bond trades, raising odds of direct action
South China Morning Post » China Economy
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1M ago
Reports suggest US has discussed sanctions on some Chinese banks over their trade with Russia, but analysts say moves to remove China from the Swift interbank financial system could create a ‘huge problem’ for global trade ..read more
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China readies clean-up campaign with new version of anti-money-laundering law
South China Morning Post » China Economy
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1M ago
Police in northern China have detained five people for allegedly colluding to steal about 10,000 tonnes of corn amid Beijing’s increasing focus on food security ..read more
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Yuan falls out of favour with China’s exporters as fears of depreciation mount
South China Morning Post » China Economy
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1M ago
A new type of rapeseed engineered in China can improve upon yields by 50 per cent, increasing the domestic harvest of edible oil and lessening the country’s reliance on imports ..read more
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