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Chinese home prices continue to slow in sign of Evergrande hit

Posted: 15 Jan 2022 11:52 AM PST

Engineering a soft landing is one of the most-difficult tasks a macro policymaker can undertake but it's what Chinese officials have been trying to do in housing. Saturday's Chinese home price data underscores the risks with prices up 2.6% y/y in a deceleration from 3.0% y/y in November. As recently

Omicron hits Beijing three weeks ahead of the Olympics

Posted: 15 Jan 2022 08:02 AM PST

Omicron has arrived in Beijing ahead of the Olympics. City officials said today that a woman from Haidian district reported having a sore throat on Thursday and a fever a day after. She tested positive for Covid-19 on Saturday morning. She hadn't left the city in the prior two weeks
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