Below is a rundown of the top China business and finance stories, plus other news for the day:
Property slump is undermining borrowers’ ability to repay
New regulations on money broker data services addresses issue that roiled markets in March when traders abruptly lost access to information
Vice President Han Zheng and Foreign Minister Wang Yi host British Foreign Secretary James Cleverly in ongoing series of interactions
Under pressure from the central government to spur housing sales, Guangzhou and Shenzhen tinker with criteria for most-favorable down payments and mortgage rates
Surging post-Covid travel demand drives 143% increase in revenue as passenger traffic nearly quadrupled from a year earlier
Gina Raimondo wraps up her four-day China trip that saw the establishment of new high-level dialogue channels that could reduce ‘miscalculation and unnecessary tension’
Demand for meat and dairy is increasing the need for production of feed grains as arable land grows scarce
Lax safety risk management and illegal land use were major factors in a deadly factory fire in Henan and a mine collapse in Inner Mongolia
Bank’s Assistant President Peng Jiawen cites guidance from central bank to support homebuyers
Troubled Chinese property giant plans to ask holders of $540.8 million debt to vote Aug. 31 on both grace period and extension of payments
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