China’s property and construction industries contracted in the third quarter for the first time since the start of the pandemic, weighed by a slump in real estate.Most Read from BloombergGoogle’s …
PROPERTY
Chinese property bonds firm after Kaisa and Sunac make coupon payments
Chinese property bonds remained firm on Tuesday after two major developers made coupon payments, though the market remained focused on the potential for default by China Evergrande Group this week.
China property shares fall even as PBOC says Evergrande woes manageable
China’s property shares fell on Monday on signs of slowdown in the sector and even as the central bank said spillover effects from China Evergrande Group’s debt woes were controllable.
China’s economy stumbles on power crunch, property woes
China’s economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages, supply chain bottlenecks and major wobbles in the property market and raising pressure on …
Explained: How power, property crisis weakened China’s Q3 GDP growth
Massive power shortage and a crisis-hit property sector has battered the world’s second largest economy as it tries to stage a recovery fro.
China’s property investment up 8.8 pct in Jan.-Sept.
China’s investment in property development maintained steady expansion in the first nine months of the year, according to data from the National Bureau …
China’s Growth Hit by Energy and Property Problems
China’s gross domestic product rose less than expected in the third quarter of the year as government action to curb debt in the property sector, and power cuts ordered by authorities to deal with the…
China economy slows as power cuts, property woes and Covid take toll
GDP grew 4.9% in the quarter to September, the lowest for a year, as the post-pandemic recovery loses steam and Evergrande problems persist …
China Property and Energy Crises Deliver Blow to GDP Growth
China’s economy slowed in the third quarter as multiple headwinds from a property slump to an energy crisis weighed on growth.
FLASH: CHINA JAN-SEPT FAI UP 7%, PROPERTY UP 9%
China’s fixed asset investment (FAI) grew 7.3% on year to Yuan 39.8 trillion ($6.2 trillion), among which, that in the property market increased 8.8% on year to Yuan 11.3 trillion, both posting slower …
Chanos fears what comes after China’s property pain
Noted China bear Jim Chanos believes the country’s real estate ructions will have economic and political repercussions.
China’s President calls for progress on property tax in drive for prosperity
Such a tax could curb rampant speculation in the housing market, which is currently under intense global scrutiny as developer China Evergrande Group ..
What China’s Evergrande crisis means for its real estate market and the world
Once the world’s largest real estate developer, China Evergrande is at risk of drowning in a tsunami of debt as Beijing changes monetary tack. Just how far will the ripples be felt?
