Foreign direct investment in China drops
Commerce ministry blames slow recovery after Covid-19 for 5.1 per cent decline
Source: scmp.com
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China's new home prices drop faster as analysts turn 'negative' on property-sector outlook amid 'not enough' stimulus
New home prices fell 0.3 per cent month on month in August after a 0.2 per cent drop in July, official data showed. Easing measures may only lead to an ‘L-shaped’ recovery in the sector in coming years, Goldman Sachs says.
Source: scmp.com
China's Data to Show Economy Is Trying to Move Past the Worst
(Bloomberg) -- China’s economic activity likely improved in August, adding to a steady drip of clues that suggest the worst of this year’s downturn may be starting to pass. Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackCiti Plans Job Cuts as It Revamps Top Management StructureChina Sows Fresh Confusion About Apple With Security RemarksLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish Stands Out in First Look at DeviceTh
Source: yahoo.com
China's economic data breakdowns show signs of life amid prevailing doom-and-gloom outlook
Economists say alternative high-frequency data points – from subway ridership to commodity prices – suggest parts of China’s economy are functioning well. But crisis or not, China is ‘not out of the woods, yet’.
Source: scmp.com