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Private housing blocks are seen in Hong Kong, China
China Underground > China News

Big Chinese cities could see renewed home price spikes as housing glut eases

BEIJING (Reuters) – China’s biggest cities could see a further spike in home prices after inventories of unsold homes fell sharply in July, state news agency Xinhua reported on Tuesday, citing an industry report.

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Ultra runner Dion Leonard
China Underground > China News

Extreme runner to take Chinese stray dog home after it followed him for 125km

Australian extreme runner Dion Leonard says he is planning to bring a stray dog, who followed him for 125 km during a race across China, back to his home in Scotland.

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Woman walks past the headquarters of the PBOC in Beijing
China Underground > China News

China’s state planner drops call for monetary easing from statement

BEIJING (Reuters) – A research office at China’s top economic planner on Wednesday called for the central bank to cut interest rates and bank reserve requirements, but later removed the remarks in an updated statement posted on its website.

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apple-china
China Underground > China News

Apple’s revenue falls 33% in China

China is no longer Apple’s number two market and Tim Cook has a big task ahead if he wants to claw back market share. Ryan Brooks reports.

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A woman cries as she holds a pig rescued from a flooded farm in Xiaogan
China Underground > China News

Heavy rain in China kills at least 87, thousands evacuated

SHANGHAI (Reuters) – Heavy rain in China has killed at least 87 people and forced  thousands from their homes, state media reported on Saturday.

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A man rides a tricycle past an advertising poster showing a night-time city view in Beijing,
China Underground > China News

U.S. warns at WTO of China backsliding on economic openness

GENEVA (Reuters) – The United States is worried that China is retreating from pledges to open its economy to market forces as it tries to cope with a slowdown in growth, U.S. trade diplomat Chris Wilson told the World Trade Organization on Tuesday.

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Workers walk along a tunnel of a subway construction site in Changsha, Hunan province
China Underground > China News

China economy growing, but at only half of official estimates – SMI survey

BEIJING (Reuters) – A survey of Chinese sales managers indicates that the economy is growing but at only about half the rate of official estimates, a private survey showed on Tuesday.

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Emergency personnel work around the wreckage of a bus that crashed near Taipei
China Underground > China News

Taiwan bus burst into flames, killing 26, including 24 tourists from China

TAIPEI (Reuters) – A Taiwan tour bus carrying tourists from China crashed into a highway railing en route to the airport on Tuesday and burst into flames, killing all 26 on board, Taiwanese authorities said.

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