China's industrial upswing is latest sign of its economic recovery thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
China Property Woes Deepen With Vanke Slump, Country Garden Halt bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
China Vanke Co.’s profit tumbled more than analysts expected last year and it vowed to slash debt by almost $14 billion, as the embattled developer tries to stave off default amid a protracted housing crisis, reports Caixin. Net income attributable to shareholders shrank 46% to RMB 12.2 billion ($1.69 billion) for 2023, the Shenzhen-based company…