As global capital trickles back toward China, policymakers are using tougher enforcement and cooling measures to slow the market’s pace in order to strengthen its appeal in the long term, reports Reuters. With fund managers now seeking to diversify away from dollar-heavy portfolios, Beijing’s calibrated approach could help reverse years of retreat when some investors even […]
Category: Markets
Mercedes-Benz has slashed suggested retail prices for select models in China by about 10%, reports Caixin. This comes amid pressure from retailers struggling with widespread losses and mounting inventory in the world’s most competitive auto market. The adjustment was confirmed by the auto dealers chamber of the All-China Federation of Industry and Commerce. The trade body, […]
The country’s top 100 developers reported combined contracted sales of RMB 165.5 billion (US$24 billion) in January, down 27% from a year earlier, reports the South China Morning Post, citing data released over the weekend by China Real Estate Information Corporation (CRIC). Stress was particularly acute among offshore borrowers. The combined contracted sales of 18 major […]
China Vanke warned that its net loss for 2025 widened 65.7% year-on-year to approximately RMB 82 billion ($11.8 billion), reports Caixin. The deepening red ink at the state-backed giant underscores the severity of China’s property crisis, which has left Vanke with an estimated RMB 131.5 billion in losses over the past two years. The acceleration of […]
Shares of BYD sank to their lowest level in at least a year on Monday, leading a broader selloff in Chinese automaker stocks, reports Reuters. This came after they reported weaker sales in January as a revised subsidy scheme weighed on budget car brands. The selloff underscores growing investor concern that China’s carmakers are heading into […]