Reuters Asia Business

By Chen Lin and Jamie Freed SINGAPORE (Reuters) – The Asia-Pacific aviation industry’s slow recovery from the pandemic amid government restrictions will cast a shadow over the Singapore Airshow next week, despite signs of improvement as concerns over the Omicron variant recede. The biennial event has bookended the pandemic, with the 2020 edition disrupted by …

Singapore Airshow returns under shadow of Asia’s slow aviation recovery Read More »

HONG KONG (Reuters) -China’s central bank on Friday said it would keep liquidity reasonably ample and step up financing support for key sectors and weak links of the economy. The People’s Bank of China (PBOC) will meet the reasonable financing demands of the real economy while not resorting to flood-like stimulus, it said in its …

China’s cenbank to keep liquidly ample, step up finance support for key sectors Read More »

SHANGHAI (Reuters) – China’s commercial banks saw their bad loan ratio decline 0.02 basis points to 1.73% at end-December versus three months earlier, the sector’s regulator said on Friday. Outstanding non-performing loans in the commercial banking sector stood at 2.8 trillion yuan ($440.66 billion), an increase of 13.5 billion yuan from the end of the …

China’s commercial banks’ bad loan ratio declines, says regulator Read More »

BEIJING (Reuters) -China is aiming for meat output of 89 million tonnes by 2025, growing by an annual average of 2.8% from the 77.5 million tonnes produced in 2020, a cabinet document showed on Friday. Pork production would remain stable at about 55 million tonnes, it added. The document, a five year plan to modernise …

China targets 15% increase in meat output by 2025 Read More »

HONG KONG (Reuters) -Shares of Chinese property developers climbed on Friday, following media reports that the sector is gaining easier access to presale proceeds from residential projects – the latest move by authorities to ease the industry’s severe cash crunch. Regulatory curbs on borrowing have driven China’s property sector into a liquidity crisis, highlighted by …

China property developers shares up on reports they may have more access to funds Read More »