SATURDAY19AUGUST/SUNDAY20AUGUST2023MiddleEasteditionHUDSONLOCKETTANDCHENGLENG—HONGKONGTHOMASHALE—SHANGHAIChinarevealedapackageofreformstoboostinvestmentinitsstockandbondmarketsandsteppedupitsdefenceoftherenminbiyesterday,initslatesteffortstoshoreupconfidenceintheworld’ssecond-largesteconomy.Themovesfollowgloomyeconomicdatathatshowedweakeningexportsandwaningconsumerconfidence,amidconcernabouttheriskofcrisisinChina’sonce-mightypropertysector.CountryGarden,China’slargestpri-vatelyownedhomebuilderandwidelyseenasoneofthecountry’ssaferdevel-opers,missedpaymentsoninterna-tionaldebtsthismonth,whileentitieslinkedtoconglomerateZhongzhifailedtorepaysavingsprod...
发表评论取消回复