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Shoppers hold back as gloom persists about world’s second-largest economy
...Additional reporting by Cheng Leng in Hong Kong...
...“In terms of global investor interest in China, it’s definitely the worst I’ve seen in my career,” said Wang Qi, chief investment officer at UOB KayHian in Hong Kong, who began working in finance in the...
...Overseas markets had “huge potential”, said Wang Hongxue, an executive director at ChaPanda, at a press conference in Hong Kong on Monday, ahead of a listing in the territory that aims to raise about $330mn...
...Chinese foreign minister Wang Yi kicks off an official visit to Indonesia, Cambodia and Papua New Guinea....
...The company’s Hong Kong-listed shares fell as much as 9.9 per cent on Tuesday and have lost nearly half their value since the start of this year, as investors reacted after US lawmakers began their efforts...
...Events: Vietnam’s foreign minister Bui Thanh Son begins an official visit to China, where he is expected to meet counterpart Wang Yi....
...But over the past two years, investment has declined with falling demand for Covid vaccines, a spate of poor post-listing performances of Chinese pharma groups listed in Hong Kong and a crackdown on healthcare...
...Based on a 2016 novel by Janice YK Lee, Expats on Amazon Prime is set in an elite, expatriate community in Hong Kong....
...“When you see other people’s good things, you must find ways to own them,” Wang said....
...“The China-India border issue has not been resolved, and India has no right to unilaterally carry out development activities in the southern region of Tibet,” foreign ministry spokesperson Wang Wenbin said...
...Wang Chuanfu, the founder of the world’s biggest EV maker BYD, was more positive about the market outlook, telling a conference on Sunday that the penetration rate of Chinese EV sales would hit 50 per cent...
...“In the past there have been higher births in auspicious zodiac years,” said Wang....
...Wang Yi, China’s top diplomat and foreign minister, will travel to the US from Thursday to Saturday to meet secretary of state Antony Blinken, the state department said on Monday evening....
...The People’s Daily, a Chinese Communist party mouthpiece, reported Wang’s expulsion from the party on Saturday....
...China’s vice-finance minister Wang Dongwei is to hold a news conference on fiscal revenue and expenditure for 2023....
...Chen Hong, professor at the Australian Studies Centre of East China Normal University, said it would be difficult for relations to return to what they were previously despite the positive signals....
...“The fall in product prices is often related to fluctuations in raw material costs, technological updates and producers voluntarily reducing prices, among other factors,” said Wang Lingjun, vice-minister...
...Wang Wentao said on Friday that Beijing would seek to strengthen exports, which fell last year for the first time since 2016, as well as imports, which have suffered from weak consumer sentiment, holding...
...Additional reporting by Wang Xueqiao in Shanghai and Hudson Lockett in Hong Kong...
...Additional reporting by Cheng Leng in Hong Kong and Wenjie Ding in Beijing...
...The art market has not been immune, with disappointing auction sales including works consigned by Long Museum founders Liu Yiqian and Wang Wei, though last year’s evening auctions in Hong Kong proved more...
...Wang Feng, an expert on Chinese demographic change at the University of California, Irvine, said the “footprint of Covid-19” was evident in the accelerating population decline....
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