Alicia Garcia-Herrero of Natixis says it might not be enough for China to “pause” property taxes, and banks need to lend to struggling real estate developers.
PROPERTY
Commentary: Is there a housing bubble in China’s real estate sector?
Managing China’s real estate market involves a precarious balancing act. Getting it wrong could be costly, says a Chinese economist.
Ping An posts 29% profit drop on China property woes
Ping An said its net profit fell 29% to 101.6 billion yuan ($16 billion) in 2021, down from 143.1 billion yuan the previous year.
China’s Hainan cyberspace regulator summons some property firms over suspected fake advertisements
China’s Hainan government agencies have summoned two property firms, including Hong Kong-listed Agile Group, and have warned some real estate service websites over suspected fake advertisements.Firms …
Ping An posts 29per cent profit drop on China property woes, but sees losses easing
Group Co of China Ltd
What Doomed China’s Much-Anticipated Property Market Reform Plan?
Once again, China’s government failed to approve a property tax law, seen as a key part of reforming the real estate sector.
China property developer Yango defaults on $94.6 mln onshore bond – underwriter
Chinese property developer Yango Group Co Ltd 000671.SZ has defaulted on a 600 million yuan ($94.62 million) onshore bond after it failed to meet a …
Conditions not right for China to expand property tax trial this year – Xinhua
The conditions are not right for China to expand a property tax trial this year, state-run Xinhua news agency quoted the finance ministry as saying on Wednesday, suggesting authorities are treading …
China Will Not Expand Its Property Tax Trial This Year
China will not expand a trial on property taxes this year amid a housing market slump and growing pressure on the world’s second-largest economy from a renewed virus outbreak and geopolitical turmoil.
Buttressing Greenland – a bailout in China’s distressed property sector
Greenland Holdings Corp Ltd , a major Shanghai-based Chinese state-backed property developer responsible for marquee projects at home and abroad, was scrambling for funds late last year, people with …
China’s property investment up 3.7% in Jan-Feb
China’s investment in property development rose 3.7 percent year-on-year in the first two months of this year, data from the National Bureau of Statistics showed Tuesday. During this period, property …
China’s January to February property investment perk up slightly on easing measures
BEIJING: China’s property investment bounced slightly over the first two months of 2022 after a fall in December, official data showed on Tuesday (Mar 15), helped by the easing of property curbs to …
China’s Jan-Feb property investment perk up slightly on easing measures
China’s property investment bounced slightly over the first two months of 2022 after a fall in December, official data showed on Tuesday, helped by the easing of property curbs to relieve a liquidity …
