While China weathered the initial impact of the pandemic well, growth has since slowed and remains under pressure because of Covid, the property sector and weakening global demand, the IMF said. It …
PROPERTY
China’s Covid Policy Will Hinder Property Recovery, Goldman Says
China’s zero tolerance approach to combating Covid infections will curb the benefits expected from recent measures to support a struggling property market, according to Goldman Sachs Group Inc.
Investors have to be ‘very careful’ with China’s property market, asset management firm says
Kyle Bass of Hayman Capital Management says the country has allowed its property sector, now the “most speculative sector in China,” to run “unabated.” …
India set to overtake China as property investment destination
India is all set to overtake China as an attractive property investment destination just as valuations of property investments in China are declining …
China Consumer Spending Slumps Under Covid and Property Restrictions
Consumer spending is buckling under China’s dual campaigns, flashing a warning for companies that have pinned their hopes on a more free-spending Chinese customer.
China’s aid for property sector – a lynchpin of its economy – fails to convince
A slew of recent supportive measures will bring China’s cash-strapped property developers much needed relief, but a full recovery of the sector will be hobbled by increasingly elusive buyers, say …
POLL China’s property prices to rise in 2023, sales to fall more slowly
China’s property sector will remain weak but will see a gradual recovery in 2023, economists said in a Reuters poll, expecting further stimulus measures and looser COVID-19 curbs to support the crisis …
China’s property prices to rise in 2023, sales to fall more slowly
BEIJING (Reuters) – China’s property sector will remain weak but will see a gradual recovery in 2023, economists said in a Reuters poll, expecting further stimulus measures and looser COVID-19 curbs …
China’s Property Plan Looks More Like a Bandage Than Bailout
Xi Jinping has sprung some pleasant surprises on markets since securing his third term as China’s leader last month. Not least a 16-point (count ‘em) plan to bolster an imploding property sector.
China’s Property Sales to Decline by 10%-15% in 2023: Moody’s
Kaven Tsang, senior vice president at Moody’s Investors Service, discusses China’s property market, inventory of empty apartments and the liquidity of developers. He speaks on Bloomberg Television.
First property now lockdowns: Are protests becoming more frequent in China?
China’s Xi Jinping says Asia-Pacific should not become an arena for big power contest: State media What are people protesting about? From nationwide protests by property owners to public anger over …
China’s Property Investment Falls at a Faster Clip in Jan-Oct
China’s property investment fell at a faster pace during January-October, declining 8.8% from a year earlier after slumping 8.0% in the first nine months of the year. Property sales by floor area …
China property rescue package lifts stocks, bonds
Business China property rescue package lifts stocks, bonds. Posted . Chinese property stocks and bonds soared on Monday as the market cheered Beijing’s “most comprehensive” suppor …