Topics: China

Explore the shocking aftermath of a cyberattack that left the world's largest bank crippled for hours. Read on to uncover the details of this cyber onslaught and its effects on the banking industry. 

Explore the shocking aftermath of a cyberattack that left the world\'s largest bank crippled for hours. Read on to uncover the details of this cyber onslaught and its effects on the banking industry. 

Discover why China's venture capital investment has reached a 7-year low. Slowing growth, geopolitical tensions, and regulatory challenges are impacting the startup ecosystem. Learn how these factors are affecting companies aiming for IPOs abroad.

Discover why China\'s venture capital investment has reached a 7-year low. Slowing growth, geopolitical tensions, and regulatory challenges are impacting the startup ecosystem. Learn how these factors are affecting companies aiming for IPOs abroad.

Explore the economic challenges faced by China, including the sacrifice of the Yuan to prevent a vicious cycle of low demand and declining output. Learn why experts believe immediate action is crucial.

Explore the economic challenges faced by China, including the sacrifice of the Yuan to prevent a vicious cycle of low demand and declining output. Learn why experts believe immediate action is crucial.

As the yuan hits its lowest level in 16 years, the People's Bank of China (PBoC) is implementing measures to counteract the ongoing decline. Explore the PBoC's efforts to address the currency's depreciation, which is comparable to levels seen during the 2007-2008 global financial crisis. Stay updated on China's attempts to stabilize its currency amidst challenging economic circumstances.

As the yuan hits its lowest level in 16 years, the People\'s Bank of China (PBoC) is implementing measures to counteract the ongoing decline. Explore the PBoC\'s efforts to address the currency\'s depreciation, which is comparable to levels seen during the 2007-2008 global financial crisis. Stay updated on China\'s attempts to stabilize its currency amidst challenging economic circumstances.

After more than three years of the pandemic, the Chinese tourism industry is seeing a boom, paving the way for airlines to hire more flight attendants.

After more than three years of the pandemic, the Chinese tourism industry is seeing a boom, paving the way for airlines to hire more flight attendants.

China recently implemented a pilot program aimed at helping real estate developers access new capital and restart housing projects that have been delayed.

China recently implemented a pilot program aimed at helping real estate developers access new capital and restart housing projects that have been delayed.

China prepares for increased international passenger and cargo flights.

China prepares for increased international passenger and cargo flights.

In recent years, living in a hotel for a long time has become a trend in China, and it has gained popularity among young people for several reasons.

In recent years, living in a hotel for a long time has become a trend in China, and it has gained popularity among young people for several reasons.

There is good news for the property market in China as home prices rose for the first time in a year and a half.

There is good news for the property market in China as home prices rose for the first time in a year and a half.

China has launched a pilot program to support the real estate sector by allowing private equity funds (PE Funds) to invest in housing, commercial real estate, and infrastructure projects.

China has launched a pilot program to support the real estate sector by allowing private equity funds (PE Funds) to invest in housing, commercial real estate, and infrastructure projects.

The real estate market is so gloomy that Chinese banks have come up with many unique ways such as giving borrowers installment loans until the age of 95.

The real estate market is so gloomy that Chinese banks have come up with many unique ways such as giving borrowers installment loans until the age of 95.

China's top 100 property developers reported contract home sales in January fell 32.5% year-on-year, according to China Real Estate Information Company (CRIC). This shows that China’ recent supportive policies are only helping to rescue cash-strapped real estate companies, but not helping to stimulate the homebuyer demand.

China\'s top 100 property developers reported contract home sales in January fell 32.5% year-on-year, according to China Real Estate Information Company (CRIC). This shows that China’ recent supportive policies are only helping to rescue cash-strapped real estate companies, but not helping to stimulate the homebuyer demand.

Real estate brokers and immigration specialists are seeing an increase in demand to advise Chinese nationals on setting up family investment offices in Singapore, buying luxury apartments in Malaysia and buying immigration real estates in Thailand.

Real estate brokers and immigration specialists are seeing an increase in demand to advise Chinese nationals on setting up family investment offices in Singapore, buying luxury apartments in Malaysia and buying immigration real estates in Thailand.

Home prices in 100 Chinese cities are on a sharp decline in the context of the complicated development of the Covid-19 epidemic. 

Home prices in 100 Chinese cities are on a sharp decline in the context of the complicated development of the Covid-19 epidemic. 

A wave of job cuts by China's tech giants this year has caused the housing market in these areas to plunge, as many people who have lost their jobs have been unable to pay their mortgages and are selling the house at low price.

A wave of job cuts by China\'s tech giants this year has caused the housing market in these areas to plunge, as many people who have lost their jobs have been unable to pay their mortgages and are selling the house at low price.

Many Chinese people hunt for plane tickets and plan trips abroad, after the government announced to ease Covid-19 restrictions from January 8.

Many Chinese people hunt for plane tickets and plan trips abroad, after the government announced to ease Covid-19 restrictions from January 8.

China's state-owned banks are injecting at least 270 billion yuan ($38 billion) in new credit loans to real estate companies.  This is part of the government's efforts to rescue the real estate market.

China\'s state-owned banks are injecting at least 270 billion yuan ($38 billion) in new credit loans to real estate companies.  This is part of the government\'s efforts to rescue the real estate market.

China's real estate developer bailout policy was finally launched this month to ease a severe liquidity crunch.  However, the barrier of falling domestic demand can be a big challenge.

China\'s real estate developer bailout policy was finally launched this month to ease a severe liquidity crunch.  However, the barrier of falling domestic demand can be a big challenge.

To prevent the collapse of the real estate market, the Chinese government is stepping up launching measures to support this country's real estate businesses.

To prevent the collapse of the real estate market, the Chinese government is stepping up launching measures to support this country\'s real estate businesses.

China's National Association of Financial Market Institutional Investors (NAFMII) said it would expand its bond debt financing program to private companies including real estate developers, extending debt financing up to 250 billion yuan ($34.5 billion) from a previously unspecified amount.

China\'s National Association of Financial Market Institutional Investors (NAFMII) said it would expand its bond debt financing program to private companies including real estate developers, extending debt financing up to 250 billion yuan ($34.5 billion) from a previously unspecified amount.

China is said to be about to expand an important financial support program, which can help real estate developers to issue bonds, alleviating liquidity difficulties.

China is said to be about to expand an important financial support program, which can help real estate developers to issue bonds, alleviating liquidity difficulties.

Bond prices (in US dollars) of real estate companies in China have plummeted in recent weeks, hitting a new record low.  Some bonds trade for less than 10 cents against the $1 par value.  This reflects the eroding confidence after a series of bond defaults that caused heavy losses for international investors, as the China real estate market plunged deeper into a recession.

Bond prices (in US dollars) of real estate companies in China have plummeted in recent weeks, hitting a new record low.  Some bonds trade for less than 10 cents against the $1 par value.  This reflects the eroding confidence after a series of bond defaults that caused heavy losses for international investors, as the China real estate market plunged deeper into a recession.

By the end of 2023, China's real estate industry will have to repay at least $292 billion in domestic and foreign loans.

By the end of 2023, China\'s real estate industry will have to repay at least $292 billion in domestic and foreign loans.

Chinese local governments are offering more supports to prevent the plunge of the real estate market, after mortgage rates fell and a series of easing measures failed to take effect.  

Chinese local governments are offering more supports to prevent the plunge of the real estate market, after mortgage rates fell and a series of easing measures failed to take effect.