More of China’s biggest cities are easing home-buying policies, after top leaders recently signaled a shift to aggressive measures to resolve the country’s ongoing property crisis.
Monthly Archives For May 2024
Breaking down the unsurprising Matildas squad vs. China
The Far Post discuss the Matildas squad for the China friendlies and how this is a last shot for players to book their tickets to the Paris Olympics.
China’s Silver Imports Set to Jump as Solar Demand Lifts Prices
Chinese silver imports could surge in coming weeks, as traders take advantage of a jump in demand that’s taken prices well above the international market.Most Read from BloombergWall Street Returns to …
Why imports from China are rising despite atmanirbhar Bharat initiatives
Imports from China is something India should monitor. But in some ways, this might be the way for the country to become a self-reliant economy.
Europe’s business chiefs see EU-China relations worsening
A majority of Europe’s chief executives believe relations between Europe and China will worsen over the next three years, with the EU’s de-risking strategy and Beijing’s close ties with Moscow cited …
MNI: Beijing Called On To Buy Housing Stock Over Local Govs
Local authorities could lack the ability or motivation to absorb unsold housing from developers, risking the success of Beijing’s latest property rescue plan, advisors told MNI, with some calling for a more powerful central government-backed…
Philippines urged to tap South China Sea reserves to ease energy costs despite Beijing tensions
Influential billionaire Ramon Ang wants Manila to take advantage of untapped oil and natural gas reserves to east energy costs, despite maritime disputes with Beijing and the failure of previous joint deals.
China’s property rescue to deliver modest GDP boost, survey shows
CHINA’S most forceful attempt to shore up its beleaguered property market is expected to improve growth prospects modestly this year, according to economists surveyed by Bloomberg. Read more at The …
IMF upgrades China’s growth forecast to 5% on ‘strong’ first quarter and policy measures
The International Monetary Fund raised its forecast for China’s growth this year to 5%, from 4.6% previously, due to “strong” first quarter figures and policy moves.
China’s Shenzhen to lower minimum downpayment for first home buyers to 20%
Shenzhen, a key technology and manufacturing hub, will lower the minimum downpayment required of second home buyers to 30%, the report said.
Guangzhou, Shenzhen to ease home-buying restrictions
Guangzhou and Shenzhen, in south China’s Guangdong Province, have become the latest Chinese cities to ease the financial pressure for buying houses. In a notice issued on Tuesday, the municipal …
I.M.F. Is Upbeat on China’s Growth but Questions Industrial Policy
Surging exports and factory investment are buoying China’s output, but the housing market faces serious troubles and industrial policies may hurt other countries.
IMF upgrades China’s 2024, 2025 GDP growth forecasts after ‘strong’ Q1
China’s economy is set to grow 5% this year, after a “strong” first quarter, the International Monetary Fund said on Wednesday, upgrading its earlier forecast of 4.6% expansion though it expects …