The Business Times

Chi Lo

More players choosing to trade oil and other products with China in renminbi could help yuan trading reach critical mass over time.
WEALTH & INVESTING

The petro-yuan and the role of gold

PRESIDENT Xi Jinping visited Saudi Arabia last December during the first China-Arab States Summit and the China-Gulf Cooperation Council Summit. The state visit furthered China’s 2018 initiative to sh...

Beijing is now more organised to implement stronger support for the property sector. PHOTO: REUTERS
COMMENTARY

Stars aligning for China’s recovery

Recalibration of Covid controls and property market support measures suggest the worst may be over for China’s economy and asset markets

Under-construction apartments in the Shekou area of Shenzhen. Beijing's efforts to reduce debt in the property sector have led to a liquidity squeeze and shaken homebuyers' confidence in developers' ability to deliver pre-sold homes.
COMMENTARY

How seriously at risk is China’s property market?

The root causes of the country’s property sector woes can be traced to misguided incentives in the 1998-2003 housing reform but a systemic fallout is unlikely

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