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SHANGHAI -- India's financial hub Mumbai overtook Beijing as Asia's billionaire capital for the first time, according to a global rich list published on Monday by Shanghai-based Hurun Research Institute.
SHANGHAI -- China on Monday revealed key economic data for the first two months of the year, with some indicators performing better than expected thanks to demand during the Lunar New Year period.
SHANGHAI -- Prices of new homes in China fell further in February, official data showed Friday, underscoring calls for more policy support to shore up demand.
BEIJING -- China's government pledged on Saturday to support property developers in distress with "reasonable financing," but not those facing insolvency.
BEIJING -- China on Tuesday set a gross domestic product growth target of "around 5%" for 2024, matching last year's goal even as economic challenges mount.
BEIJING -- China's annual legislative season kicked off Monday, with expectations running high for top officials to serve up additional measures to buttress an uneven post-pandemic economic recovery.
SHANGHAI -- China on Tuesday passed a legal change that broadens the scope for classifying "secrets," as the government moves to shore up national security.
SHANGHAI -- China's central bank on Tuesday cut its five-year mortgage benchmark by the biggest margin yet, as it aims to boost an economy weighed down by a distressed property sector and weak business confidence.