Chinese property developer Country Garden on Thursday proposed a deal to restructure offshore debt worth $10.3 billion, providing its creditors multiple options including converting debt into cash and …
PROPERTY
Sunac China Shares Fall Sharply After Receiving Winding-Up Petition
Shares of Chinese property developer Sunac China tumbled after the company received a winding up petition as the country continues to struggle with its property sector downturn. Shares fell 24% to …
China’s residential foreclosures increase in 2024 amid property slump
The number of foreclosed homes in China rose in 2024 from the previous year, a private-sector survey showed on Tuesday, heightening concerns about mortgage delinquencies amid a property slump and …
China’s real estate ‘mayhem’ will slow down in 2025, says management consultancy
The towing crew is back in action, dealing with a 2012-plated vehicle that’s just been dropped off. From checking the tires to loading it up, this operation is full of suspense and professionalism.
China’s property crash a warning for Australia’s housing market
China’s property crash is bad news for Australia’s economy, and there’s even a risk it could precipitate our own housing crisis.
China Vanke’s Year of Reckoning Has Finally Arrived
The developer is no longer the gauge that reflects the health of the real estate market. It’s time to initiate a distressed-debt exchange.
Property finishes another tough year, but hope on horizon
That said, whether the real estate market has sufficient momentum for a sustained recovery remains to be observed. The real estate market still faces challenges such as overall year-on-year declines …
China property: rising home sales bode well for sector reeling for last 4 years
China’s property market shows signs of recovery, with rising home sales in major cities, boosting hopes for stabilisation in 2025 Mainland Chinese developers’ hopes for a better start to the new year …
Breaking Down China’s Economic Challenges
That’s the estimated destruction of household wealth in China caused by the country’s property meltdown since 2021. That eclipses the losses suffered by Americans in the financial crash of 2008-09. Di …
China’s real estate market stabilizes with comprehensive 2024 policy measures
From easing restrictive policies to introducing stimulus measures, China’s 2024 real estate policy package, whether at the country or local level, has been rolled out in droves. Adjustments have been …
China renter converts flat into chicken farm, causing foul odor, damage to property
Shocked landlord returns to flat after two-year hiatus to find chickens roaming and flying around, says property needs complete redecoration.
China’s December Home Sales Stay Flat in Sign of Stabilization
China’s residential property sales in December were flat on-year, avoiding a downturn seen much of 2024 and reflecting signs of market stabilization after the government’s stimulus blitz.
Iron Ore to Cap Worst Annual Drop Since 2015 on China’s Slowdown
Iron ore headed for its deepest annual loss since 2015 after China’s property crisis hurt demand and miners boosted cargoes, with prices failing to get a lift from data showing signs of recovery in …
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