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Jan 31 • 4 tweets • 3 min read
China Top 100 Developers See Jan Sales -32.5% Year on Year: CRIC
#China #property
China's Top 100 developers see Jan sales at 354.29 billion yuan, down by 32.5% year-on-year and 48.6% month-on-month: CRIC
#China #property
CRIC: China's property market supply and demand and transactions will not show obvious signs of warming up in short term and overall sales will remain low.
#China #property
CRIC: Real estate companies will continue to maintain a very cautious attitude towards investment until macroeconomic environment is significantly reversed and sales pick up. Optimistic expectation of property industry scale in 2023 is to stop falling.
#China #property

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More from @Sino_Market

CN Wire Profile picture
Jan 31
⚡#China's Premier Li Keqiang visits Central Bank of China and State Administration of Foreign Exchange and presides over a symposium.
⚡#China's Premier Li Keqiang calls for bigger role of finance in economy, asks finance sector to further support China's macroeconomic stability: CNR
⚡#China's Premier Li Keqiang says to keep China's economy running within a reasonable range: CNR
Read 4 tweets
CN Wire Profile picture
Dec 31, 2022
⚡️JUST IN
Economic activities in China was weak in December.
Manufacturing PMI 47.0 [Est.48.0 Prev.48.0]
Non-Manufacturing PMI 41.6 [Est.45 Prev.46.7]
Composite PMI 42.6 [Prev.47.1]
#manufacturing #EconTwitter 🇨🇳
1/ Thread ImageImageImage
China's NBS:
Production and demand continue to slow down on both ends. The pandemic has cast negative impacts on the operations of some enterprises, with production activities slowing down and product orders decreasing.
#manufacturing #EconTwitter 🇨🇳
2/ Thread
China's NBS:
Manufacturing production activity continues to slow as product orders fall, production Index slid by 3.2 PPS to 44.6% and New Order Index dropped 2.5 PPS to 43.9%.
Logistics and transport capacity have deteriorated.
#manufacturing #EconTwitter 🇨🇳
3/ Thread
Read 4 tweets
CN Wire Profile picture
Dec 27, 2022
China's immigration authority says to resume issue of visa for mainland residents to travel overseas from Jan 8.
#China #OOTT #COVID19
China's immigration authority: Will optimize immigration management policies and measures from January 8, 2023.
#China #OOTT #COVID19
China's immigration authority: Resume acceptance and approval of ordinary passports for Chinese citizens traveling abroad or visiting friends in an orderly manner, and resume processing of visas for mainland residents traveling to Hong Kong for travel and business.
#China #OOTT
Read 5 tweets
CN Wire Profile picture
Dec 27, 2022
TESLA TO REDUCE OUTPUT FOR JANUARY AT SHANGHAI PLANT - RTRS CITES PLANNING DOCUMENT
#TESLA $TSLA #SHANGHAI
Tesla decision extends production slowdown in shanghai that began in December: RTRS
$Tesla $TSLA #Shanghai
$TSLA extends premarket losses to more than 2%. #Tesla
Read 4 tweets
CN Wire Profile picture
Dec 26, 2022
#CHINA ANNOUNCES FURTHER #COVID19 EASING STEPS:
*SCRAP QUARANTINE REQUIREMENT, INCLUDING RULES FOR INBOUND TRAVELERS.
*DOWNGRADE MANAGEMENT OF COVID TO CATEGORY B FROM TOP-LEVEL CATEGORY A.
*NO LONGER IDENTIFY CLOSE CONTACTS OF COVID CASES.
#China NHC: Will optimize management of people exchanges. Traveler with 48-hour negative Covid test certificates can enter country. Will cancel control measures concerning flight "circuit-breaker" and limits on flight volumes.
#OOTT #COVID19
#China NHC: Will step up efforts in epidemic monitoring and response. Will track development of Covid dynamically and take appropriate measures.
#OOTT #COVID19
Read 4 tweets
CN Wire Profile picture
Dec 14, 2022
#CHINA RELEASES PLAN TO EXPAND DOMESTIC DEMAND TILL 2035: XINHUA
#China Says Expanding Domestic Demand Will Help Cope with External Risks and Challenges - Xinhua
#China: Must firmly implement strategy of expanding domestic demand, expand resident consumption and effective investment, enhance resilience of economic development, and promote sustained and healthy economic development.
baijiahao.baidu.com/s?id=175218682…
Read 4 tweets

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