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A pair of Hong Kong developers said they’ll throw in a second million-dollar apartment as a lottery prize if the number of vaccinated people against Covid-19 in the city hits 5 million by the end of September.
China Evergrande Group’s crisis deepened after a court froze assets of its listed onshore subsidiary, spurring another selloff in its shares and bonds.
The day before a moratorium on evictions is set to expire, President Joe Biden faces criticism from some of his allies for his hasty effort to preserve it -- and for not acting sooner to prevent what they view as an imminent housing crisis.
Happy Friday, Asia. Here’s the latest news and analysis from Bloomberg Economics to take you through to the weekend:
China’s factory conditions likely stabilized in July, implying a more steady recovery in the economy in the second half of the year as growth risks mount.
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