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In July 2018, housing prices in the four largest cities of China increased by 0.2% compared with June, when the growth was registered at 0.6%, according to the Office for National Statistics. The price of new buildings in Beijing increased by 0.2%, in Guangzhou - by 0.6%, in Shenzhen - by 0.5%. At the same time, new buildings in Shanghai fell in price by 0.1%. Compared with July 2017, prices for new housing in these four cities increased by an average of 0.2%. On the secondary market, the annual price increase was 0.5%. New buildings in 31 large cities of China in July rose in price by 1.1% compared to the previous month. The increase in prices in the next 35 cities of China was 1.5%.
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 ...
Oil traded higher on Friday, further reclaiming lost ground from three-week lows in the previous session as the COVID-19 situation continued to dent the global economy as well as oil consumption. Brent crude gained 0.3%, trading at $43.08 ...
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 ...
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
KYC Policy