Asia Pacific

On the surface, China has reason to be pleased with Donald Trump’s election as US president, based on the billionaire’s campaign rhetoric.

Government efforts to curb coal production capacity in China have backfired, according to analysts, driving up prices, encouraging production and increasing the risk of mining accidents in the rush to produce more of the fuel.

The yuan continued to weaken on Tuesday, sliding to an eight-year low after China’s central bank lowered the reference rate for the eighth consecutive trading day.

China Life and China Investment Corporation are among the latest mainland financial companies set to open offices in London, even as concerns over Brexit remain, according to Mark Boleat, chairman of the Policy and Resources Committee for the City of

China’s sovereign-wealth fund has teamed up with a French public sector financial institution to jointly tap overseas opportunities, especially in real estate and infrastructure.

Hong Kong’s economy grew 1.9 per cent in the third quarter off the back of stronger domestic consumption, employment and trade. Despite the promising figure, the government set a conservative full-year growth forecast of 1.

Greenland Group, the third largest developer in China, is expecting heightened interest from Hong Kong investors in its new £800 million residential development in London following increases in stamp duties for properties in Hong Kong.

The Chinese yuan rebounded on Thursday morning after hitting a record low overnight when the US dollar shrugged off fears that had plagued markets ahead of Donald Trump’s victory in the presidential election.

U.S. president-elect Donald Trump spoke during the campaign about a number of countries and concerns in Asia.

Authorities in Beijing are refusing to grant presale permits to developers who they say are charging too much for apartments, in the latest tightening of restrictions designed to cool the city’s sizzling property market.