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China Market Meltdown

On a quarterly basis, GDP stalled, coming in at 0.0% in the fourth quarter, compared with growth of 3.9% in July-September

Updated On: 17 Jan 2023 | 9:10 AM IST

Beijing has pledged to expand fiscal spending as part of efforts to boost economic growth

Updated On: 04 Jan 2023 | 7:10 PM IST

Following the recent abrupt end to Covid Zero controls, more cities have been hit by an exit wave of infections in the past week, leading to crowded hospitals and queues at funeral parlors

Updated On: 23 Dec 2022 | 8:41 AM IST

Outbreaks have the potential to cripple production or tear through employee rosters, threatening the global supply of everything from cars and golf carts to kitchen appliances and, of course, iPhones

Updated On: 15 Dec 2022 | 8:18 AM IST

Foxconn's task of catching up on lost iPhone production time has been complicated by the lockdown, which triggered violent protests last week

Updated On: 01 Dec 2022 | 9:09 AM IST

China's ruling Communist Party has vowed to resolutely crack down on infiltration and sabotage activities by hostile forces, following the largest street demonstrations in decades staged by citizens fed up with strict anti-virus restrictions. The statement from the Central Political and Legal Affairs Commission released late on Tuesday comes amid a massive show of force by security services to deter a recurrence of the protests that broke out over the weekend in Beijing, Shanghai, Guangzhou and several other cities. While it did not directly address the protests, the statement serves as a reminder of the party's determination to enforce its rule. Hundreds of SUVs, vans and armoured vehicles with flashing lights were parked along city streets Wednesday while police and paramilitary forces conducted random ID checks and searched people's mobile phones for photos, banned apps or other potential evidence that they had taken part in the demonstrations. The number of people who have been

Updated On: 30 Nov 2022 | 2:29 PM IST

China's foreign ministry has said rights and freedoms must be exercised within the framework of the law

Updated On: 30 Nov 2022 | 9:04 AM IST

The economy is suffering increasing damage from tightened virus controls as Covid outbreaks spread in every province

Updated On: 30 Nov 2022 | 8:45 AM IST

Apple's shares fell 2.6% to $144.22 in New York on Monday, marking the biggest one-day drop in more than two weeks. They have declined 19% this year

Updated On: 29 Nov 2022 | 9:00 AM IST

A gauge of Chinese stocks listed in Hong Kong surged almost 7 per cent intraday, rebounding from its lowest close since late 2005

Updated On: 01 Nov 2022 | 10:48 PM IST

China's exports and imports lost momentum in August with growth significantly missing forecasts as surging inflation crippled overseas demand and fresh COVID curbs and heatwaves disrupted output

Updated On: 07 Sep 2022 | 10:22 AM IST

Asian share markets got off to a slow start on Monday as disappointing Chinese economic data fed doubts last week's rally on Wall Street could be sustained in the face of determined policy tightening

Updated On: 01 Aug 2022 | 9:15 AM IST

Soros said that President Xi Jinping may not be able to restore confidence in the troubled industry, which has been hit by a series of defaults by developers and falling prices for land and apartments

Updated On: 02 Feb 2022 | 7:31 PM IST

China's factory-gate prices grew at the fastest pace in 26 years in October while consumer inflation also accelerated to come above market expectations

Updated On: 10 Nov 2021 | 4:04 PM IST

Kaisa said late on Wednesday its October contracted sales dropped 30.5% to 8.195 billion yuan ($1.28 billion) from a year ago, while sales in the first 10 months rose 23%.

Updated On: 04 Nov 2021 | 11:29 AM IST

Intensifying concerns about China Evergrande Group's debt crisis dragged down everything from bank stocks to Ping An Insurance Group Co. and high-yield dollar bond

Updated On: 20 Sep 2021 | 3:50 PM IST

The phrase has been employed by govt agencies and researchers to explain actions against tech moguls, celebs and private tutors that fueled a $1.5 trn stock rout last month

Updated On: 10 Sep 2021 | 8:34 AM IST

Amidst the turmoil in markets, foreign investors have added to their holdings of stocks in Shanghai and Shenzhen every month since November via trading links

Updated On: 04 Sep 2021 | 7:28 AM IST

Baidu Inc. and NetEase Inc. fell more than 5% while Tencent Holdings Ltd. dropped 4.1%.

Updated On: 17 Aug 2021 | 2:35 PM IST

With losses in Chinese tech and education stocks now exceeding $1 trillion since February, the questions reverberating across trading desks from Shanghai to New York

Updated On: 26 Jul 2021 | 6:22 PM IST