Ansuya Harjani joined CNBC's web and digital team in 2010, where she writes investment and feature articles with a focus on Asian economies. Prior to joining CNBC, she was a producer for the BBC's "Asia Business Report." Harjani holds a bachelor's degree in international relations from the University of Virginia.
The PBOC's call on the lenders to give priority to first-time home buyers when allocating credit marks a policy shift for the government.
As the cracks in China's housing market deepen, the country's major property developers are scouring the world for new opportunities.
The prospect of labor market deregulation is creating anxiety amongst workers in Japan, says the country's biggest umbrella body for labor unions.