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Yawen Chen

China March factory activity grows for first time in four months, but exports weak

Mar 31 2019

BEIJING Factory activity in China unexpectedly grew for the first time in four months in March, an official survey showed on Sunday, suggesting government stimulus measures may be starting to take hold in the world's second largest economy.

China home price outlook recovers as credit conditions improve: Reuters poll

Mar 29 2019

BEIJING Home prices in China are expected to rise more this year than predicted just a few months ago, as Beijing urges banks to ramp up lending and lower interest rates to boost the slowing economy, a Reuters poll showed.

China's home price growth slips to 10-month low, raises policy challenge

Mar 15 2019

BEIJING New home prices in China grew at their slowest pace in 10 months in February in sign of slackening demand as the economy cools further, leaving authorities walking a tight rope between loosening some existing curbs and flushing out speculators.

Party on: Real estate booms in cradle of China's Communist revolution

Mar 12 2019

YANAN, China Staring at an array of floor plans in a showroom packed with models of apartment blocks set to go up in the northwestern city of Yanan, the young couple was faced with a tough decision.

China central bank pledges more policy support as bank lending slides

Mar 10 2019

BEIJING China's central bank on Sunday pledged to further support the slowing economy by spurring loans and lowering borrowing costs, following data that showed a sharp drop in February's bank lending due to seasonal factors.

China says working with U.S. day and night to get trade deal

Mar 09 2019

BEIJING China and the United States are still working day and night to achieve a trade deal that matches the interests of both sides and the hopes of the world, including eliminating tit-for-tat tariffs, a senior Chinese official said on Saturday.

China says higher 2019 budget deficit will spur growth, won't open floodgates

Mar 07 2019

BEIJING China's decision to increase its budget deficit ratio to 2.8 percent this year from 2.6 percent in 2018 is appropriate for the economy, and leaves room for policymakers to maneuver, Finance Minister Liu Kun said on Thursday.

China's manufacturing activity shrinks again in February but at slower pace

Feb 28 2019

BEIJING China's factory activity contracted for a third straight month in February but at a slower pace, helped by improvements in domestic manufacturing, a private survey showed on Friday.

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