Archive for October 23rd, 2018

‘Fix our flats, or give us back our money’: buyers protest against Vanke build quality

23-Oct-2018 Intellasia | South China Morning Post | 6:00 AM

Angry homebuyers who protested outside housebuilder China’s Vanke’s headquarters in Beijing last week, have dismissed the company’s claims it had been fully [...]
» More

China’s tax cuts next year expected to reach 1 per cent of GDP: PBOC adviser

23-Oct-2018 Intellasia | Economic Times | 6:00 AM

China’s tax cuts next year could exceed the equivalent of 1 percent of gross domestic product (GDP), a central bank adviser said in remarks published on Monday, in a [...]
» More

Chinese travel platform Mafengwo denies faking reviews after social media storm

23-Oct-2018 Intellasia | South China Morning Post | 6:00 AM

Chinese travel platform Mafengwo, known mainly for its millennial user base of independent travellers, has denied that it uses fake reviews on its site after a social media [...]
» More

China’s September new home price gains led by smaller cities

23-Oct-2018 Intellasia | Reuters | 6:00 AM

China’s new home prices increased at a firm pace in September, supported by gains in smaller cities and showing the market remained resilient despite pressures from [...]
» More

Hishammuddin offers to tap China ties to bring Jho Low back

23-Oct-2018 Intellasia | Malay Mail | 6:00 AM

Former defence minister Datuk Seri Hishammuddin Hussein expressed his readiness today to leverage his relationships in China to secure the extradition of fugitive financier [...]
» More

China’s proposal to ban property presales ‘unfair’, says state-owned developer

23-Oct-2018 Intellasia | South China Morning Post | 6:00 AM

A ban on the practise of selling homes before completion could have dire consequences for China’s housing market, with the proposalnow being discussed by a number of [...]
» More

Xi Jinping promises to protect China’s private businesses to ensure a ‘better tomorrow’

Xi Jinping promises to protect China’s private businesses to ensure a ‘better tomorrow’

23-Oct-2018 Intellasia | South China Morning Post | 6:00 AM

Chinese President Xi Jinping has written an open letter to the country’s private business owners, saying Beijing will continue to value and protect them to ensure a [...]
» More

China denounces Pompeo’s ‘malicious’ Latam comments amid influence battle

23-Oct-2018 Intellasia | Reuters | 6:00 AM

Chinese state media sharply criticised US Secretary of State Mike Pompeo on Monday after he made comments in Latin America warning about the hidden risks of seeking Chinese [...]
» More

China says United States is wrong to pull out of nuclear arms pact

China says United States is wrong to pull out of nuclear arms pact

23-Oct-2018 Intellasia | Reuters | 6:00 AM

It is wrong of the United States to unilaterally pull out of a landmark Cold War-ear treaty that eliminated nuclear missiles from Europe, China said on Monday. Foreign [...]
» More

China Unicom expects net profit to jump 117 pct in first three quarters

23-Oct-2018 Intellasia | Reuters | 6:00 AM

Telecom giant China Unicom said net profit in the first three quarters of the year will be around 8.78 billion yuan ($1.27 billion), up 116.6 percent from a year earlier, as [...]
» More

China regions accused of faking pollution compliance in new probe

China regions accused of faking pollution compliance in new probe

23-Oct-2018 Intellasia | Reuters | 6:00 AM

Four more Chinese regions have been accused of faking efforts to rectify environmental problems and paying only lip service to the country’s war on pollution, according [...]
» More

Mnuchin dismisses risk of contagion from China’s economic slowdown

23-Oct-2018 Intellasia | Reuters | 6:00 AM

US Treasury Secretary Steven Mnuchin dismissed concerns that China’s weakest economic growth since the global financial crisis could spill into other emerging markets [...]
» More

Beijing crippled in trade war by ‘filtered’ input from domestic think tanks, sources say

Beijing crippled in trade war by ‘filtered’ input from domestic think tanks, sources say

23-Oct-2018 Intellasia | South China Morning Post | 6:00 AM

Chinese policymakers have been left searching for answers to the trade war with the US because the domestic think tanks Beijing has called on for guidance have provided [...]
» More

From denial to pride: how China changed its language on Xinjiang’s camps

23-Oct-2018 Intellasia | The Guardian | 6:00 AM

Beijing now proudly parades ‘humane management and care’ at internment camps, after denying their existence for months China’s state broadcaster CCTV last [...]
» More

BOJ warns Japan’s bank risk-taking hits near 30-year high

23-Oct-2018 Intellasia | Reuters | 6:00 AM

Risk-taking in Japan’s financial sector hit a near three-decade high in the April-September, a central bank gauge showed, in a sign years of ultra-easy monetary policy [...]
» More