China will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), officials said yesterday in Beijing’s latest moves
The Chinese government is looking at additional ways to boost the economy, Finance Minister Lan Fo’an said this weekend, but he stopped short of unveiling a
China’s economic planning agency outlined details of measures aimed at boosting the economy, but refrained from major spending initiatives. The piecemeal nature of the plans
China’s economy weakened further in recent weeks, according to surveys released yesterday, signaling the need for more support as the government ratchets up stimulus. The
China rolled out a raft of measures yesterday aimed at countering a prolonged downturn in its property market that is weighing on the world’s second largest
Officials are intensifying efforts to stimulate Macau’s local economic activity, with the government gearing up for the launch of the “Macau Consumption Grand Prize” in early
China must reprioritize economic growth and reforms and boost investor confidence by leveling the playing field for all companies in the country, a European business group
Japan's economy grew at an annual rate of 2.9%, slower than the earlier report for 3.1% growth, in the April-June period, boosted by better wages and
The local gross domestic product (GDP) has recorded a significant growth of 15.7% in the first six months of this year, information from the Statistics and
A continued property crisis and weak consumption dragged on China’s economic recovery in July, according to data released yesterday by the National Bureau of Statistics. Unemployment rose
China’s central government should consider additional direct support to consumers worth at least 1 trillion yuan ($139 billion) — either cash or vouchers — in the
The Macau Economic Association (MEA) has forecast the local economy will post year-on-year growth of about 17.5% in the first semester (H1) of this year, according
China’s economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter, the government reported yesterday, while emphasizing signs of improvement in factory output, income and investment.
Surveys of Chinese factory managers showed a mixed outlook for the world’s second-largest economy in June, with growth steady but not picking up much steam.
The Times has learned that some local representatives of major electronics brands continue to have a mainland-tourists-only approach to sales, disregarding other markets such as
China's central bank kept a key lending rate unchanged yesterday, choosing not to loosen credit as data for May showed signs of persisting weakness in the world’s
The International Monetary Fund (IMF) highlighted the strong recovery of city’s economy post-pandemic and agreed that the implementation of effective economic diversification policies would “strengthen the
The International Monetary Fund has upgraded its forecast for China’s economy, while warning that consumer-friendly reforms are needed to sustain strong, high-quality growth. The IMF’s
As economies in Asia and the Pacific slow and grow older, countries need to do more to ensure that workers get the education, training and social safety
Macau's economy has shown remarkable signs of recovery in the first quarter of 2024 as the gross domestic product (GDP) surged 25.7% year-on-year in real terms,
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