BEIJING (Reuters) – China plans in 2027 to test the next generation of Beidou, the country’s answer to the U.S.-owned GPS navigation system, state broadcaster CCTV reported on Thursday. The rollout of the new system, expected to be complete by 2035, will provide users with more precise, real-time navigation, according to CCTV. (Reporting by Eduardo…
BEIJING (Reuters) – China’s September survey-based jobless rate among 16-24 year-olds excluding college students stood at 17.6% compared with 18.8% in August, according to data released by the country’s statistics bureau on Tuesday. (Reporting by Joe Cash; Editing by Jacqueline Wong) Source link
HONG KONG (Reuters) – Shares of China property developers surged on Monday after first-tier cities such as Guangzhou lifted all home purchase restrictions over the weekend, while Shanghai and Shenzhen announced plans to ease key buying curbs. Hong Kong’s Hang Seng Mainland Properties Index gained more than 10%, and the mainland’s CSI 300 Real Estate…