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BBCNEWS Asia Business Report June 4, 2024 01:33:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 01:33:00

About 83, 84%. they were suspended in march 2022 after becoming basically the poster child of china's property sector's debt crisis and recently the company told us that it lost more than $80 billion over the last two years. the company also announced earlier this morning that it lost $4.5 billion in the first six months of this year alone. the first six months of this yearalone. but the first six months of this year alone. but that is actually half of what it lost during the same period last year. so, things are getting — i guess — slightly better, but still, it is the worlds most propert...

China new home prices growth to be flat in 2023, property investment to fall 7.7pc - Vimarsana News

China new home prices growth to be flat in 2023, property investment to fall 7.7pc

Real estate sector accounts for a quarter of Chinese economy

BBCNEWS Talking Business June 4, 2024 16:46:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 16:46:00

Peace negotiations in saudi arabia, where you had the us national security adviser there, you had a whole host of china—sent representatives there. so from the standpoint of the saudis, they're saying, "look, we're working with russia on the oil market because we need "to, but that doesn't mean that we are signing up "for everything when it comes to russian foreign policy, "military strategy." let's talk about china — how's china playing out in all of this? because we know their economy is having quite a few problems, and i'm wondering if that'll take a significant slice out of demand, the...

BBCNEWS Asia Business Report June 4, 2024 23:33:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 23:33:00

China has halved the stamp duty on stock trading as of today, from its current rate of 0.1%. it's the first such cut since 2008, and it's expected to generate large transactions when trading resumes later this morning. the country's stock market performance has been quite weak this year especially as the economic recovery from the pandemic is weaker than expected. china's property sector's debt crisis also continues to weigh on the stock market sentiment. gas prices in europe have been volatile in recent weeks because of worries that workers at liquefied natural gas or lng plants in australia ...

BBCNEWS Talking Business June 4, 2024 23:45:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 23:45:00

Times in the un security council." the saudis just hosted its major peace negotiations in saudi arabia, where you had the us national security adviser there, you had a whole host of china—sent representatives there. so from the standpoint of the saudis, they're saying, "look, we're working with russia on the oil market because we need to, but that doesn't mean that we are signing up for everything when it comes to russian foreign policy, military strategy." let's talk about china — how's china playing out in all of this? because we know their economy is having quite a few problems, and i'm...