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Evergrande liquidation highlights investor despair at China debts
•A Hong Kong court-appointed liquidator for China Evergrande, opens a new tab on Monday, more than two years after its default brought a years-long property boom to a shuddering halt.
China suffers first export drop in seven years with 4.6% fall in 2023
Ajeyo Basu •China's youth unemployment rate reached a record 21.3% in June 2023. Beijing also had to deal with a financial burden on local governments, a real estate market crisis, and the threat of declining global demand for goods during the year
Vicious circle of Chinese propaganda: Will 'emperor' Xi remember what happened to his father?
Claude Arpi •This Chinese ‘new era’ reminds us of the late 1950s when Mao reigned supreme
China lifts policy bank loans, raising expectations for ailing housing sector
Fp Staff •Beijing plans to provide at least 1 trillion yuan of low-cost financing to China's urban village redevelopment and affordable housing programmes to shore up its struggling property market.
India versus China: How two key emerging markets performed in 2023
Aditya Sinha •In contrast to China’s cooling phase and increasing uncertainties, India’s stable and reform-oriented approach is likely to make it an attractive destination for investors and a key driver of global economic growth
China to expand domestic demand to ensure speedy recovery & stable growth
Fp Staff •China's November industrial profits posted double-digit gains as overall manufacturing improved, although soft demand continued to constrain business growth expectations, emboldening calls for more macro policy support.
China cracks down on hundreds of millions of dollars of govt investment scams in 2023
Fp Staff •Chinese police this year started to crack down on online scams operating in Myanmar where more than 100,000 people engage in telecom fraud each day. Over 31,000 telecom fraud suspects were handed to China by Myanmar authorities in November.
People's Bank of China offers record 800 bn Yuan to support fragile economic recovery
Fp Staff •The world’s second-largest economy is still contending from the setbacks of the COVID-19 pandemic, among other shocks, dogged by weakness in the property sector and in global demand for China’s exports, high debt levels and wavering consumer confidence.
Vantage | Why Moody's downgrade hurt China and its markets so badly
The Vantage Take •Investors have swiftly reacted to Moody's report, leading to a significant sell-off in Hong Kong
China cuts visa fees for travellers from many countries to boost economy post-Covid slump
Fp Staff •The move is considered the latest in a slew of measures China has recently taken to boost its economy, including boosting inbound travel from foreign tourists and business people.