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Asia Pacific

Chinese developers hit hard as funding dries up

Chinese developers hit hard as funding dries up

Chinese property developers have seen their financing channels, both onshore and offshore, dry up over the past month.
Trump pledges to withdraw from TPP on his first day in office

Trump pledges to withdraw from TPP on his first day in office

What will Trump presidency mean for Asia and China’s regional role?
Chinese consumers are making a major pivot as the falling yuan dampens appetite for overseas shopping holidays

Chinese consumers are making a major pivot as the falling yuan dampens appetite for overseas shopping holidays

The weakening yuan appears to be working against global luxury brands as Chinese tourists scale back their overseas spending, but it has at least a silver lining -- a rekindling of luxury spending at home.
Chinese firms a ‘growing force’ for London Metal Exchange

Chinese firms a ‘growing force’ for London Metal Exchange

The London Metal Exchange has invested over £1 million (HK$9.58 million) in technology to upgrade its famous open outcry trading floor, as a growing number of Chinese members boosts the bourse’s future prospects.
Yuan sinks to fresh eight-year low as investors watch for PBOC reaction

Yuan sinks to fresh eight-year low as investors watch for PBOC reaction

The yuan continued to sink November 21, falling to its lowest level since June 2008, after China’s central bank cut the reference rate for the 12th consecutive trading day. Offshore yuan traded in Hong Kong weakened 0.
Yuan will slide by 5 per cent at most in 2017, says top economist

Yuan will slide by 5 per cent at most in 2017, says top economist

The Chinese central bank will ensure the yuan falls no more than 5 per cent next year, according to Li Daokui, a professor of economics at Tsinghua University and a former central bank adviser.
Artificial intelligence tops agenda at Wuzhen World Internet Conference

Artificial intelligence tops agenda at Wuzhen World Internet Conference

Some of the world’s leading technology professionals have gathered for the third World Internet Conference, being held in Wuzhen, Zhejiang province, and top of everyone’s agenda is the booming growth of artificial intelligence (AI), as it continues t
Top China developers battle for Beijing land site in sign of increasing competition amid red hot property market

Top China developers battle for Beijing land site in sign of increasing competition amid red hot property market

Land put up for auction in Beijing’s northwestern Haidian district failed to find a buyer on Wednesday after bidding hit a price ceiling set by the municipal government as it expands efforts to cool the sizzling property market.
China’s central bank steps up efforts to create digital currency

China’s central bank steps up efforts to create digital currency

The People’s Bank of China (PBOC) is stepping up its research on a “sovereign digital currency” as it joins other central banks and financial institutions in exploring future forms of money.
The rise and rise of commercial property management firms in China

The rise and rise of commercial property management firms in China

Virginia Huang has amassed nearly 20 years of top-level commercial real estate industry knowledge, and is the longest serving member of the CBRE team in Beijing.