BEIJING China's factory activity expanded at a stronger pace in June after the government lifted lockdowns and stepped up investment, but persistent weakness in export orders suggests the coronavirus crisis will remain a drag on the economy for some time.
BEIJING In May 2019, China's central bank announced a shock takeover of a lender, its first such move in 20 years, citing "serious credit risks". Creditors in small Baoshang Bank were to take a hit, assets would be sold and an example set for governance.
SHANGHAI/BEIJING China's plans to introduce real estate investment trusts (REITs) mark a crucial step to get private money to fund infrastructure such as toll roads and sewage systems, but authorities have their work cut out in creating a fully-fledged market.
BEIJING Authorities in the Chinese city where the novel coronavirus emerged launched an ambitious campaign on Wednesday to test all of its 11 million residents, after a cluster of new cases raised fears of a second wave of infections.
BEIJING China's factory prices fell at the sharpest rate in four years in April, highlighting weakening industrial demand in the world's second-largest economy as the coronavirus pandemic slams global growth.
Nearly 1,300 people who died of the coronavirus in the Chinese city of Wuhan, or half the total, were not counted in death tolls because of lapses, state media said on Friday, but Beijing dismissed claims that there had been any kind of cover-up.
BEIJING/SHANGHAI Nearly 1,300 people who died of the coronavirus in the Chinese city of Wuhan, or half the total, were not counted in death tolls because of lapses, state media said on Friday, but Beijing dismissed claims that there had been any kind of cover-up. | Video
Peking/Shanghai Nach Zweifeln an der Richtigkeit chinesischer Corona-Statistiken hat die Volksrepublik die Zahl der Toten deutlich nach oben korrigiert.