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China economy

Sunac China’s shares soar after property developer says debt restructuring conditions ‘satisfied’

by Anas Siddiqui
Sunac China’s shares soar after property developer says debt restructuring conditions ‘satisfied’

Sunac China’s shares soared in Hong Kong after the troubled developer said it had satisfied conditions for a long-awaited offshore debt restructuring deal – the first of its kind since …

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Chinese official warns money laundering, online scams outpacing capacity for containment

by Walter Watson
Chinese official warns money laundering, online scams outpacing capacity for containment

To properly grapple with money laundering – an increasing threat to the country and Southeast Asia – China needs to remedy multiple shortcomings in its financial system, a senior central …

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China still awaiting inbound travel surge, but flight resumption should help oil the wheels

by Walter Watson
China still awaiting inbound travel surge, but flight resumption should help oil the wheels

Although travel flows into China for the third quarter were just 45 per cent of the same period in pre-pandemic 2019, retailers should see more tourism revenue by next year …

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Japanese firms still betting on China despite tensions, see leaving ripe market as nonsensical

by Walter Watson
Japanese firms still betting on China despite tensions, see leaving ripe market as nonsensical

Beijing’s clear interest in boosting the confidence of foreign companies amid the economy’s uneven post-Covid recovery and volatile geopolitical changes appeared to be welcomed by Japan, as 350 of its …

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Cross-strait tensions no hurdle for Taiwanese shoppers – if the price is right

by Walter Watson
Cross-strait tensions no hurdle for Taiwanese shoppers – if the price is right

Taiwanese consumers like Hsu often buy gear from mainland China when prices are low and device efficacy is sufficient to satisfy their needs, a quality widely described as cost-performance value, …

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Hong Kong stocks at 1-month highs on cooling US inflation, upbeat China retail and industrial data

by Anas Siddiqui
Hong Kong stocks at 1-month highs on cooling US inflation, upbeat China retail and industrial data

Hong Kong stocks rallied as cooling inflation in the US bolstered bets that interest rate increases may have peaked, while China’s positive retail and industrial figures helped to ease concerns …

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Opinion: Hong Kong’s financial summit spells good fortune for the city

by Anas Siddiqui
Opinion: Hong Kong’s financial summit spells good fortune for the city

Bringing together around 300 of the most influential business leaders from 160 global financial institutions, many of whom are clients of the Hong Kong Monetary Authority, is a massive task, …

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China, wary of isolation, asks Asia-Pacific countries to avoid ‘cliques’

by Walter Watson
China, wary of isolation, asks Asia-Pacific countries to avoid ‘cliques’

China’s international trade representative said the country is making progress toward joining a Pacific Rim digital economy deal while also taking care to mention it opposes any “small cliques” among …

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Singapore’s Temasek, Saudi PIF take contrarian view on China, raise bets on consumer stocks as other foreign investors flee

by Anas Siddiqui
Singapore’s Temasek, Saudi PIF take contrarian view on China, raise bets on consumer stocks as other foreign investors flee

Two of the world’s biggest state owned investors have poured money into China’s consumption stocks during the third quarter, raising their bets on transformation of the world’s second largest economy …

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Hong Kong stocks gain on optimism Xi-Biden meeting to ease geopolitical risks while Alibaba, JD.com report strong e-commerce sales

by Anas Siddiqui
Hong Kong stocks gain on optimism Xi-Biden meeting to ease geopolitical risks while Alibaba, JD.com report strong e-commerce sales

Hong Kong stocks rose on optimism the first meeting in a year between President Xi Jinping and his counterpart Joe Biden will help ease geopolitical tensions and allow investors to …

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