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The growth in sales of residential property in China in the first 4 months of the year slowed to 9.5% compared to the same period last year to 3 trillion 60 billion yuan amid tightening requirements in the field of mortgage lending. This is evidenced by the data of the National Bureau of Statistics of the People's Republic of China. According to the results of the first quarter, the indicator in annual terms increased by 11.4%. Investments in commercial and residential real estate for the period from January to April amounted to 3 trillion yuan, increased by 10.3%. In the first quarter, the growth rate was 10.4%. For 4 months of this year, the volume of construction started in the country grew by 7.3% in annual terms to 517 million 800 thousand square meters.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
Oil prices fell on Monday as a surge in coronavirus cases and the escalating U.S.-China tensions prompted a safe-haven bid. Brent crude slid 0.2%, or 8 cents, at $43.26 per barrel. U.S. West Texas Intermediate crude fell 0.2%, or 7 cents, ...
The dollar was under pressure on Monday as the escalating U.S.-China tensions weighed on the market, while investors worried that the U.S. coronavirus resurgence could stall economic recovery. The dollar fell to a four-month low on the yen ...
KYC Policy