by Bloomberg.com | May 19, 2024 | alerts, Markets/Economy
Nio taking some 295 days to pay suppliers, up from 197 in 2021 Smaller suppliers to feel particularly harsh knock-on effects The time it’s taking for some of China’s electric-car makers to pay suppliers is ballooning — a further sign of stress in the nation’s...
by Bloomberg.com | May 17, 2024 | alerts, Markets/Economy
Industrial output fuels two-speed recovery while retail lags Exports-driven growth threatened by mounting trade tensions China’s economic recovery tilted even further toward manufacturing, leaving it more vulnerable to trade barriers and highlighting the stakes of a...
by Bloomberg.com | May 16, 2024 | alerts, Markets/Economy
Month-on-month declines in April were steepest in a decade Government is seeking to address excess housing inventories China’s home prices fell at a faster pace in April, underscoring why the government is stepping up efforts to tackle the years-long property crisis....
by Bloomberg.com | May 16, 2024 | alerts, Markets/Economy
Authorities cut minimum down-payment ratio for homebuyers Bloomberg gauge of Chinese real estate stocks rises 9.9% Shares of Chinese property developers extended a rally after Beijing announced forceful measures to shore up the beleaguered property market. A Bloomberg...
by Bloomberg.com | May 16, 2024 | alerts, Markets/Economy
New home construction increased in April after down revisions Proxy for future building fell to lowest since the end of 2022 New US home construction rose by less than forecast in April and permits for new activity dropped, suggesting the recent rise in mortgage rates...
