Exclusive-Chinese regulators ask large banks to step up support for Vanke, sources say

Exclusive-Chinese regulators ask large banks to step up support for Vanke, sources say

Exclusive-Chinese regulators ask large banks to step up support for Vanke, sources say Recent discussions between Chinese regulators and financial institutions have shed light on efforts to bolster support for China Vanke, a state-backed property developer. According to sources familiar with the matter, large banks were urged to enhance financing support for the company, while…

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China's Manufacturing Activity Contracts for 5th Straight Month Despite Policy Support

China’s Manufacturing Activity Contracts for 5th Straight Month Despite Policy Support

China’s Manufacturing Activity Contracts for 5th Straight Month Despite Policy Support Hong Kong (AP) – China’s manufacturing sector experienced its fifth consecutive monthly contraction in February, as indicated by the latest official survey of factory managers released on Friday. This continued downturn underscores the ongoing fragility within the economy, particularly in anticipation of forthcoming annual…

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