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China is set to take further action including relaxing home-purchase restrictions as it scrambles to tackle a deepening crisis in its massive debt-riddled property sector, four people familiar with... -Today at 02:06 am- MarketScreener
China is set to take further action including relaxing home-purchase restrictions as it scrambles to tackle a deepening crisis in its massive debt-riddled property sector, four people familiar with the matter said. Regulators including the housing ministry, central bank and financial regulator in coming weeks will implement measures they have been working on over the past few months under State Council guidance, two of the people said. Proposed measures include lifting home-purchasing curbs in non-core districts of major cities such as Beijing, Shanghai and Shenzhen, said three of the people...
China plans to appoint the CEO of state-owned telecoms giant China Unicom , Liu Liehong, as the head of its new national data bureau, four sources said, putting him in charge of efforts to make the...
Liu, 54, an electronics and information technology veteran who also serves as China Unicom's chairman, will take the helm of the National Data Bureau in the coming days, the sources told Reuters.
Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group as soon as Friday, sources with direct knowledge