and the corresponding gross floor area (GFA) sold was about 1.01 million square metres, an increase of 48.4% and 49.7% from a year earlier. For the first two months of 2017, the accumulated contracted property…
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Keeping property market cool remains key
China’s property market showed restraint after growing strongly last year. Accelerating home sales and rising property prices triggered fears of an asset bubble forming. As a result, cooling measures were implemented in October, characterized by…
41% of Chinese buyers say they want Toronto real estate for schooling: study
“I really think a lot of perception that people have around foreign buyers and specifically buyers from mainland China are informed by more anecdotal information and not statistics,” he said. The data also indicated that…
Chinese home buyers turn attention away from Vancouver
Inquiries for Vancouver properties on Juwai – China’s largest international-property website – fell 81 per cent in July compared to the same month a year earlier, and 78 per cent in August, and continued lower…
China Outlines Slower Growth and Talks Tough on Independence
Attempts to cool overheated property markets in China’s biggest cities, as well as a push to reform the country’s bloated state-owned enterprises, will push the mainland’s growth down a notch this year. That’s one of…
European firms slam Beijing's 'Made in China' plan
Dubbed the “Made in China” plan by Chinese media, the strategy adopted in 2015 outlines how Beijing plans to accelerate growth in 10 industries, including robotics, electric cars and next generation technology. The “broad set…
China tech plan a threat to foreign firms: EU business group
BEIJING — A European business group says China is violating its free trade pledges by pressing foreign makers of electric cars and other goods to hand over technology under an industry development plan that’s likely…
Five reasons why China is so scared of India
NEW DELHI: Though India lags far behind China in several fields, the communist country is getting wary of India’s gains in foreign direct investment (FDI), technology and manufacturing. India’s closer military ties with the U.S.…
China Approves NMC Battery Technology For Green Car Subsidies
Believe it or not, China had, up until now, excluded electric vehicles equipped with nickel, manganese and cobalt (NMC) technology from its government subsidy program. China’s take was that this new technology was simply too…
No defence spending number in China's budget? No problem, says finance minister
BEIJING (REUTERS) – Chinese Finance Minister Xiao Jie on Tuesday (March 7) downplayed the lack of defence spending numbers in this year’s budget as there had been in previous years, saying there was no problem…
China’s Latest Industrial Policy Is a Waste and a Challenge, Business Group Says
China’s latest plan to dominate advanced manufacturing marshals billions of dollars in subsidies, investment and other government support that a foreign group says distort the market and may end up wasting a huge amount of…
Pomp and Pride at People’s Congress in Beijing
BEIJING — Big political gatherings are intended to inspire a combination of awe and national pride, and the annual full sessions of the National People’s Congress in Beijing are no exception. Guards wear their best…
Business group: China tech plan threat to foreign firms
BEIJING (AP) — China is violating its free-trade pledges by pressing foreign makers of electric cars and other goods to share technology under an industry development plan that is likely to shrink access to its…
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