China cut its benchmark lending rate as expected on Monday to reduce borrowing costs for companies and prop up the coronavirus-hit economy, after it contracted for the first time in decades. The ... ( read original story ...)
China cuts benchmark rate for second time this year, as widely expected
China cut its benchmark lending rate as expected on Monday to reduce borrowing costs for companies and prop up the coronavirus-hit economy, after it contracted for the first time in decades. The ... ( read original story ...)
Shanghai Office Rents Slide as Property Investment Falls 78% in Q1
Shanghai grade A office rents continued to slide during the first quarter of the year as the COVID-19 induced downturn dragged on leasing rates, according to reports from some of the world’s largest ... ( read original story ...)
China stocks edge higher as hopes of recovery offsets grim GDP data
China stocks ended higher on Friday as investors looked past the country’s first quarterly economic contraction in at least 28 years, pinning their hopes on a state-supported recovery as the impact of ... ( read original story ...)
Coronavirus: why property markets in Asia are struggling to recover
Zhou, a 34-year-old entrepreneur, who did not want to give his full name, has been searching for a four-bedroom apartment for about Rmb30m (£3.382m) in Huangpu District, Shanghai’s most central ... ( read original story ...)
Property markets in south-east Asia struggle to recover after Covid-19
Zhou, a 34-year-old entrepreneur, who did not want to give his full name, has been searching for a four-bedroom apartment for about Rmb30m (£3.382m) in Huangpu District, Shanghai’s most central ... ( read original story ...)
China Cuts Medium-Term Borrowing Costs to Record Low, Steps Up Pandemic Battle
China's central bank on Wednesday stepped up policy support for its embattled economy, cutting a key rate to a record-low and reducing the amount banks must hold as reserves by around $28 billion as ... ( read original story ...)