China has announced it will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), seeking to reverse a slump in the property industry.
Monthly Archives For October 2024
China To Boost Credit For Property Market, Renovate 1 Mn Homes
China said Thursday it would boost the credit available to the ailing property market and help renovate a million homes as it unveiled another round of measures to shore up the sector and try to…
McKinsey cuts hundreds of jobs in China business, WSJ reports
U.S.-based consulting firm McKinsey is revamping its China business after reducing its government-linked clients and cutting about 500 jobs, which is around a third of its China workforce, the Wall …
General Atlantic Chairman Upbeat On China Outlook Despite Tensions
“I remain optimistic that we can find a constructive path forward that is mutually beneficial for the U.S. and China and supports global growth,” William Ford says …
General Atlantic Chairman Upbeat On China Outlook Despite Tensions
“I remain optimistic that we can find a constructive path forward that is mutually beneficial for the U.S. and China and supports global growth,” William Ford says …
China boosts funds for housing projects to support its embattled sector
In late September, the central bank announced measures including cuts in the minimum down payment ratio to 15 per cent for all buyers …
Hong Kong Hopes to Resume Multiple-Entry Travel Permit for Shenzhen Residents
In the past, Shenzhen residents could apply for unlimited round trips to Hong Kong with a single one-year endorsement. But in 2015, the policy was adjusted to allow only one trip to Hong Kong per…
China building capacity to rapidly strike Taiwan, senior Taiwanese official says
China is building its capacity to rapidly turn military drills into a full-out attack, a senior Taiwan security official said, providing the Taipei government’s assessment of the strategic intent behind Beijing’s war games around the…
China Accuses Foreign Firm of Illegal Geographic Data Collection
China’s Ministry of State Security accused an overseas firm and a local company of illegally collecting geographic information under the guise of doing research for smart driving technology, but didn’t identify the companies.
China boosts funds for housing projects to support embattled sector
BEIJING: China will expand a “white list” of housing projects eligible for financing and increase bank lending for such developments to 4 trillion yuan (US$562 billion), Minister of Housing and …
Hyatt deepens partnership with China Resources Land for a bigger footprint across China
Hyatt and China Resources Land have signed a strategic collaboration agreement that will see the establishment of Yuen Kai Holdings to develop and manage hotels under The Unbound Collection by Hyatt …
US sees surge in imports from China
Imports into the United States from China increased over the past three months, despite challenges, including strikes by US dockworkers that threatened to slow down the supply chain. The number of …
China’s housing ministry to hold briefing on efforts to bolster the property market
Ni Hong, China’s minister of housing and urban-rural development, is expected to speak at the event alongside officials from the central bank and finance ministry.
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