When Hui Ka Yan headlined a high-profile philanthropic event in 2018, he spoke at length about how he subsisted on sweet potatoes as a child in his home village.
PROPERTY
China’s property market gradually rebounds during Dragon Boat Festival, as government supportive measures kick in
China’s real estate market saw brisk business during the Dragon Boat Festival, with second-hand home transactions increasing from the previous month, industry insiders told the Global Times on Sunday, …
How China Is Reviving Tools for Hedging Credit Risk
As regulators have cracked down on excessive borrowing by China’s property developers, the fallout from a resulting liquidity squeeze has weighed on an economy already struggling due to pandemic …
Expert: China remains a fertile land for foreign investment
China is still a fertile land for foreign investment despite the challenges posed by COVID-19, Wang Yuanhong, deputy director of Economy Forecast Department at State Information Center of China, told …
The US cannot afford to give intellectual property rights to China
Americans are tired of the Chinese Communist Party (CCP) getting a free pass in world affairs. And why shouldn’t they be? In the past two years, the CCP has been a menace on the world…
China’s war over sand
It did not impress China’s small band of green activists. They fear the structure could make matters even worse for Poyang’s beleaguered wildlife, including rare cranes and porpoises. Last year the …
Chinese Developers Jiayuan, Central China Real Estate Rise
By Clarence Leong Shares of two Chinese property developers rose Thursday morning after they announced fundraising plans to pare down debt. Hong …
China’s property bond market heats up
Half a dozen property issuers are preparing to tap China’s exchange bond market this week, to take home nearly Rmb11.7bn ($1.8bn) between them. However, smaller, private developers are still largely …
China’s Property Sales Picked Up in May, But June’s Sales Will Show if Sector Is on Mend, Think Tank Says
China’s real estate market rebounded in May thanks to looser policies although sales were still less than half what they were the same period last year. If the uptick continues in June, then it is…
China’s Lehman moment: Real estate mess puts global economy on crutches
The deep recession in China’s real estate companies is becoming a major problem for the country as well as for the world’s economy. The property market was one of the few cherished destinations for …
China’s Property Market Picks Up in May as Policy Eases
China’s real estate market rebounded this month thanks to looser policies. By area, property transactions in 17 major cities rose 8.8 percent in May from last month, with the annual decline narrowing …
China’s Real Estate Slump: Underlying Issues
Although the current approach will ease some major indicators, such as property sales and prices, they will not necessarily resolve the core issues.
China Property Market Slumps on Developers’ Debt Crisis, Weak Buyer Sentiment
China’s property market, a key pillar of the world’s second-largest economy, has weakened sharply in the past year as a result of a government clampdown on excessive borrowings by developers, and a …
