Ting Lu News
18.03 / 04:09
Citi
Reuters
Manufacturing
wellness
pandemic
country
reports
China kicks off the year on strong note as retail, industrial data tops expectations
BEIJING — China's economic data for the first two months of the year beat analysts' expectations on Monday.
04.03 / 03:45
03.11 / 23:19
markets
UPS
Election
President
reports
gatherings
China gears up for a big week as markets await U.S. elections and stimulus details
BEIJING — The size of China's highly anticipated stimulus plans will likely depend on the outcome of the U.S. presidential election, analysts said.
27.09 / 08:13
25.01 / 06:43
15.11 / 05:17
Fallout
country
social
2020
reports
China's unfinished property projects are 20 times the size of Country Garden
BEIJING — The size of unfinished, pre-sold homes in China is about 20 times the size of property developer Country Garden as of the end of 2022, according to a Nomura report on Wednesday.
16.08 / 07:17
UPS
Target
Manufacturing
UBS
show
country
China may 'miss the 5%' growth target this year as downside risks spread
BEIJING — Without more stimulus, China is increasingly likely to miss its growth target of around 5% this year, economists said.
15.08 / 08:49
Reuters
country
social
Unemployment
China stops releasing youth unemployment data after record-high numbers; here’s why
economic indicator. This move comes in the wake of growing concerns about the state of the world's second-largest economy, which has been facing a series of warning signs. The decision to halt the release of youth jobless figures came shortly after the announcement of factory and retail sales data that fell short of expectations.
08.06 / 06:55
Lowe's
Tesla
NVIDIA
Micron
China's big banks cut deposit rates, signaling monetary easing ahead
BEIJING — China's largest banks cut interest rates for savers on Thursday in a bid to boost growth in an economy where consumption has been slow to recover.
31.05 / 01:55
31.05 / 01:13
27.03 / 01:53
15.02 / 04:23
11.10 / 11:02
UPS
Citi
Platform
China rushes to control new Covid cases across the country
BEIJING — New Covid cases are spiking across mainland China, prompting many local authorities to tighten controls on movement.
13.09 / 09:13
UPS
Citi
Target
Weekend
China's tourism revenue came in at 60% of pre-Covid levels this holiday weekend
BEIJING — China's tourism sector ended yet another public holiday with revenue well below what it was before the pandemic hit.
06.09 / 08:29
31.05 / 02:51
UPS
Citi
Waves
Gap
China faces a nearly $1 trillion funding gap. It will need more debt to fill it.
BEIJING — The Chinese government faces a growing shortfall of cash, analysts say, as they predict an increase of debt to fill the gap.
06.05 / 12:45
Citi
Fighting
Strategy
China's Xi urges officials to 'resolutely fight' those who question zero-Covid policy
BEIJING — Chinese President Xi Jinping headed a meeting of top leaders on Thursday that emphasized the country should stick to its «dynamic zero-Covid» policy, and warned that economic consequences would follow if it doesn't, according to state media.
12.04 / 09:25
UPS
Reuters
Gap
Strategy
In the U.S., consumers are paying more for everything. In China, the inflation problem is very different
BEIJING — Persistent inflation in China narrows the window for when the People's Bank of China can cut interest rates and support growth, economists said.
08.02 / 12:09
JPMorgan
Gap
Fighting
Apple
China's holiday box office plunges by 23% as theaters push prices to record highs
BEIJING — Chinese consumer spending on movies plunged during the Lunar New Year holiday last week as theaters raised prices to record highs.
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