China’s state-owned property developers are warning of widespread losses, fueling concerns that the housing crisis is expanding from the private sector to companies with government backing.
Read more here:
#China #HousingCrisis
https://www.cnbctv18.com/economy/china-state-developers-warn-of-major-losses-as-crisis-spreads-17563301.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
Read more here:
#China #HousingCrisis
https://www.cnbctv18.com/economy/china-state-developers-warn-of-major-losses-as-crisis-spreads-17563301.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
cnbctv18.com
China’s state developers warn of major losses as crisis spreads
Eighteen out of 38 state-owned enterprise builders listed in Hong Kong and the mainland reported preliminary losses in the six months ended June 30, up from 11 that warned of full-year losses in 2022, according to a Bloomberg tally based on corporate filings.…
Congress leader Rahul Gandhi, on Sunday, August 20, said Prime Minister Narendra Modi's claim that not an inch of the land in Ladakh has been lost to China is "not true".
Read more here:
#Congress #RahulGandhi #China #Ladakh #PMModi
https://www.cnbctv18.com/politics/pm-modi-claim-not-lost-inch-of-land-china-false-locals-confirm-rahul-gandhi-17581401.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
Read more here:
#Congress #RahulGandhi #China #Ladakh #PMModi
https://www.cnbctv18.com/politics/pm-modi-claim-not-lost-inch-of-land-china-false-locals-confirm-rahul-gandhi-17581401.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
cnbctv18.com
PM's claim of 'not an inch of land lost to China' false: Rahul Gandhi
Responding to Rahul Gandhi's claims, Lt General Sanjay Kulkarni (Retd) said the talks are on between India and China as there are two friction points —Demchok and Depsang — where the patrolling is restricted. However, to say that India has lost its land would…
Demographics have played a role in #China’s cheap labour-led growth. That’s set to change. Can India seize the moment?
#ChinaEconomy #ChinaCrisis #ChinaSlowdown
https://www.cnbctv18.com/views/bottomline-an-ageing-china-is-indias-opportunity-17582421.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
#ChinaEconomy #ChinaCrisis #ChinaSlowdown
https://www.cnbctv18.com/views/bottomline-an-ageing-china-is-indias-opportunity-17582421.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
CNBCTV18
Bottomline | An ageing China is India’s opportunity
Demographics have played a role in China’s cheap labour-led growth. That’s set to change. Can India seize the moment?
The People's Bank of China cut its one-year loan prime rate by 10 basis points to 3.45 percent from 3.55 percent, while it left its five-year loan prime rate unchanged at 4.2 percent.
Read more here:
#China #ChinaData
https://www.cnbctv18.com/economy/china-central-bank-cuts-1-year-loan-prime-rate-leaves-5-year-rate-unchanged-17583661.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
Read more here:
#China #ChinaData
https://www.cnbctv18.com/economy/china-central-bank-cuts-1-year-loan-prime-rate-leaves-5-year-rate-unchanged-17583661.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
cnbctv18.com
China's central bank cuts 1-year loan prime rate, leaves 5-year rate unchanged
The People's Bank of China cut its one-year loan prime rate by 10 basis points to 3.45 percent from 3.55 percent, while it left its five-year loan prime rate unchanged at 4.2 percent.
China’s stuttering economy is now the biggest threat to global commodities demand, as economic activity & credit flows in the world’s top buyer deteriorate sharply & put Beijing’s modest growth targets at risk.
#China #CommoditiesMarkets
https://www.cnbctv18.com/economy/china-faltering-growth-threatens-to-derail-commodities-markets-17603721.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
#China #CommoditiesMarkets
https://www.cnbctv18.com/economy/china-faltering-growth-threatens-to-derail-commodities-markets-17603721.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
cnbctv18.com
How China's faltering growth threatens to derail commodities markets
Commodities have so far held up better than other assets as the economy has worsened. Freed from the constraints of the pandemic, fuel consumption has risen. Expectations that the government will be forced to amp up stimulus to rescue growth, as well as the…
China’s economic outlook is showing no signs of improvement, with forecasters broadly trimming their expectations for the nation’s recovery, prices and trade.
Read more here:
#China
https://www.cnbctv18.com/economy/china-economists-cut-growth-outlook-further-for-2023-17660621.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
Read more here:
#China
https://www.cnbctv18.com/economy/china-economists-cut-growth-outlook-further-for-2023-17660621.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
CNBCTV18
Economists cut China's growth outlook further for 2023
Economists now see gross domestic product expanding 5.1 percent in 2023 from the prior year, according to the median estimate in the latest Bloomberg survey. That’s down from an earlier expectation of 5.2 percent and brings projections closer to the government’s…
China's factory activity this month shrank for the fifth consecutive month, while its non-manufacturing activity hit another low for this year.
Read more here:
#China #ChinaPMIData #ChinaPMI
https://www.cnbctv18.com/economy/china-pmi-data-factory-activity-shrinks-fifth-month-august-non-manufacturing-17682391.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
Read more here:
#China #ChinaPMIData #ChinaPMI
https://www.cnbctv18.com/economy/china-pmi-data-factory-activity-shrinks-fifth-month-august-non-manufacturing-17682391.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
cnbctv18.com
China's factory activity shrinks for fifth consecutive month in August
China's manufacturing purchasing managers' index (PMI) was 49.7 in August, as per the data released by the country's National Bureau of Statistics on Thursday. Meanwhile, the non-manufacturing PMI fell to 51 in August, from 51.5 in July and 53.2 in the month…
Just before the 18th Heads of State and Government Summit of the Group of 20 (G20) which will take place next week in Delhi, a geopolitical storm has intensified around China owing to multiple reasons.
Read more here:
#China #G20 #India
https://www.cnbctv18.com/world/geopolitical-storm-indias-diplomatic-test-amidst-chinas-provocations-and-fury-before-g20-17690831.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
Read more here:
#China #G20 #India
https://www.cnbctv18.com/world/geopolitical-storm-indias-diplomatic-test-amidst-chinas-provocations-and-fury-before-g20-17690831.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
cnbctv18.com
Geopolitical storm: India's diplomatic test amidst China's provocations and fury before G20
On August 29, China released the 2023 edition of its ‘standard map’ which incorporated Arunachal Pradesh, the Aksai Chin region, Taiwan and the disputed part of South China Sea in it. “Map is compiled based on the drawing method of the national boundaries…
Chinese foreign minister Wang Yi will visit the US on Thursday for a three days and hold talks with Secretary of State Antony Blinken, a part of the Biden administration's efforts to maintain an open channel of communications with Beijing.
#China #US
https://www.cnbctv18.com/world/chinese-foreign-minister-wang-yi-to-visit-us-this-week-18137001.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
#China #US
https://www.cnbctv18.com/world/chinese-foreign-minister-wang-yi-to-visit-us-this-week-18137001.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
cnbctv18.com
Chinese foreign minister Wang Yi to visit US this week
Chinese foreign minister Wang Yi and his US counterpart Antony Blinken will discuss a range of bilateral, regional, and global issues as part of ongoing efforts to manage the US-China relationship responsibly and maintain open channels of communication, the…
#Moody's on Tuesday downgraded the outlook on #China's credit rating to "negative" from "stable" on worries over rising debt in the world's second-largest #economy.
https://www.cnbctv18.com/world/moodys-downgrades-china-credit-rating-outlook-on-debt-worries-18493751.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
https://www.cnbctv18.com/world/moodys-downgrades-china-credit-rating-outlook-on-debt-worries-18493751.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
CNBCTV18
Moody's downgrades China credit rating outlook on debt worries
Chinese banks cut mortgage reference rate by most on record
Read more here:
#ChinaDataWatch #China
https://www.cnbctv18.com/economy/chinese-banks-cut-mortgage-reference-rate-by-most-on-record-19087061.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
Read more here:
#ChinaDataWatch #China
https://www.cnbctv18.com/economy/chinese-banks-cut-mortgage-reference-rate-by-most-on-record-19087061.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
CNBCTV18
Chinese banks cut mortgage reference rate by most on record
The five-year Loan Prime Rate, a reference for mortgages, was lowered by 25 basis points to 3.95%, according to a statement by the People’s Bank of China on Tuesday. It was the first cut in eight months, and the largest since that rate was introduced in 2019.…
China’s unceasing economic malaise threatens to ripple across rallying global markets, according to latest Bloomberg Markets Live Pulse survey.
Read more here:
#China #ChinaMarkets #GlobalMarkets
https://www.cnbctv18.com/market/china-slump-is-one-big-cloud-in-sunny-global-markets-19236961.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
Read more here:
#China #ChinaMarkets #GlobalMarkets
https://www.cnbctv18.com/market/china-slump-is-one-big-cloud-in-sunny-global-markets-19236961.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
CNBCTV18
China's slump is one big cloud in sunny global markets
Global stocks are at records as US economic resilience, buzz around artificial intelligence and growth in places like India and Indonesia keep the rally going. That’s despite troubles in the world’s second-largest economy that include property-sector turmoil…
US export controls on sending advanced computing chips to China are not meant to hold back China's economy or technological development, Secretary of State Antony Blinken said.
Read more here:
#China #AntonyBlinken #UnitedStates
https://www.cnbctv18.com/world/us-chip-bans-not-meant-to-hobble-chinas-growth-antony-blinken-says-19403231.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
Read more here:
#China #AntonyBlinken #UnitedStates
https://www.cnbctv18.com/world/us-chip-bans-not-meant-to-hobble-chinas-growth-antony-blinken-says-19403231.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
CNBCTV18
US chip bans not meant to hobble China's growth, Antony Blinken says
Since 2022, US officials have imposed sweeping controls on which computing chips can be exported to China, cutting off some sales from Nvidia, Advanced Micro Devices and Intel, among others. Those controls followed earlier bans on shipping chips to Huawei…