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Category: East Asia

Category:
  • China

China Mortgage Boycott Data Erased by Censors as Crisis Spreads

Bloomberg News China is censoring crowd-sourced documents tallying the number of mortgage boycotts spreading across the country, potentially hampering a key source of data for global investors and researchers tracking Continue Reading

Posted On : 16 Jul 2022 Published By : Tom Whipple
Category:
  • China

China’s Economic Comeback From Covid-19 Shutdowns Likely to Be Slow and Bumpy

Two years ago, China’s economy bounced back briskly after suffering its worst contraction in decades when authorities locked down the metropolis of Wuhan to keep the coronavirus at bay. China Continue Reading

Posted On : 16 Jul 2022 Published By : Tom Whipple
Category:
  • China

China Covid Cases Climb in New Risk to Economic Activity

Office workers line up at a Covid-19 testing booth in downtown Shanghai on July 13. China’s daily tally of Covid-19 cases rose to the highest level in more than seven Continue Reading

Posted On : 16 Jul 2022 Published By : Tom Whipple
Category:
  • China

China’s Property Sector Remains Biggest Drag on Economy

 China’s property downturn showed little signs of improvement in the three months through June, with its output contracting for the fourth straight quarter and clouding the growth outlook for the Continue Reading

Posted On : 16 Jul 2022 Published By : Tom Whipple
Category:
  • coronavirus
  • USA

Most of U.S. Population Now in Areas With High Covid-19 Levels as BA.5 Subvariant Spreads

Los Angeles County may reinstate an indoor mask mandate. More than half the U.S. population lives in counties where Covid-19 cases and hospitalizations are high enough that people should wear Continue Reading

Posted On : 16 Jul 2022 Published By : Tom Whipple
Category:
  • China
  • Climate

Extreme heat propels more Chinese provinces’ peak power loads to record highs

Highlights Record temperatures logged by 71 national weather stations Power loads in Zhejiang, Jiangxi, Jiangsu hit record highs China’s power consumption to grow 5%-6% in 2022 Extreme heat is sweeping Continue Reading

Posted On : 15 Jul 2022 Published By : Tom Whipple
Category:
  • China

China Growth Slows Sharply, Putting GDP Target Out of Reach

China’s economy grew at the slowest pace since the country was first hit by the coronavirus outbreak two years ago, making Beijing’s growth target for the year increasingly unattainable as Continue Reading

Posted On : 15 Jul 2022 Published By : Tom Whipple
Category:
  • Japan

Japan Utilities Rise as PM Calls for Restarting Nuclear Reactors

Japanese Prime Minister Fumio Kishida’s new push to restart nuclear reactors probably won’t be enough to avert a looming power crunch later this year that will bring new risks of Continue Reading

Posted On : 15 Jul 2022 Published By : Tom Whipple
Category:
  • China

China Property Market Shudders as Buyers Threaten to Stop Mortgage Payments

Aggregate new home sales at China’s 100 largest developers have fallen every month on a year-on-year basis since last July. Global investors and home buyers in China are losing confidence Continue Reading

Posted On : 15 Jul 2022 Published By : Tom Whipple
Category:
  • China

China’s Economy Hits a Slump as Covid Policy Takes a Toll

When countries around the world have stumbled in the face of pandemic headwinds, China has often stood apart, seemingly impervious to financial pressures that undermined growth. But now, dragged down Continue Reading

Posted On : 15 Jul 2022 Published By : Tom Whipple

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