Young Chinese face the "most difficult employment market in generations" and need to brace for tougher times as the situation could get worse before things improve, a top economist has warned

China's property sector has over the past two years been thrust into a severe debt crisis with many developers defaulting on payments

State banks cut rates on yuan deposits by 5bps on Thursday, and 3-year and 5-year time deposits by 15bps. The move could cut lending costs and ease pressure on profit margins

The Economic Daily commentary comes with some property investors clamouring for more supportive measures for the sector from Beijing

Study of municipal finances shows 102 cities made payments accounting for 10% or more of their resources in 2022; debt obligations are so high it is limiting state capacity to boost the economy

A heavy influx of immigrants and a trend among young professionals to move out of multi-generational family homes were key drivers behind Singapore's sharp rise in rents and home prices

Sluggish demand and shrinking land banks are hampering plans of developers restructuring after defaulting on their debts; some wonder if they will face a second round of restructuring

Two subsidiaries holding 47 property projects will be transferred in a cash boost for the electric vehicle unit of the ailing real estate giant

Chinese banks extended 718.8 billion yuan ($104 billion) in new yuan loans in April, less than a fifth of March’s tally and just over half of the amount anticipated by analysts

State media says consultants harmed national security by helping the West 'buy state secrets'; but lobby groups say raids on advisory group Capvision have damaged investor confidence

State-owned companies and firms listed on the mainland have been ordered to do thorough reviews of auditors' ability to "safeguard information security"

Building giant had liabilities of $274 billion at end of 2021 but it will need $36-43bn over three years if creditors agree to it resuming work; a verdict on its fate may come near year-end