Property investment in China fell 10.1% in the first nine months of 2024 from a year earlier, after dropping 10.2% in January-August, National Bureau of Statistics (NBS) data showed on Friday.
PROPERTY
China’s property investment falls 10.1% y/y in Jan-Sept
Property investment in China fell 10.1% in the first nine months of 2024 from a year earlier, after dropping 10.2% in January-August, National Bureau of Statistics (NBS) data showed on Friday.
China’s ‘Professional Children’ Want to Buy Less and Experience More
China’s property downturn is entering its fourth year. Government officials and retail businesses alike have been worried about consumption downgrade, the notion that when economic prospects are weak, people trade expensive goods and services for…
China’s ‘Professional Children’ Want to Buy Less and Experience More
China’s property downturn is entering its fourth year. Government officials and retail businesses alike have been worried about consumption downgrade, the notion that when economic prospects are weak, people trade expensive goods and services for…
China property market is going to be a problem for next 10 years or so, economist says
Freya Beamish, chief economist at TS Lombard, discusses China markets after a briefing from the country’s housing ministry disappointed investors, pulling Hong Kong-listed property stocks lower.
China to boost financing for approved housing projects to $560 billion to counter property slump
China has announced it will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), seeking to reverse a slump in the property industry.
China to boost financing for approved housing projects to $560 billion to counter property slump
China has announced it will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), seeking to reverse a slump in the property industry.
China To Boost Credit For Property Market, Renovate 1 Mn Homes
China said Thursday it would boost the credit available to the ailing property market and help renovate a million homes as it unveiled another round of measures to shore up the sector and try to…
Iron Ore Swings With China Property and Miners’ Output in Focus
Iron ore swung between gains and losses as China signaled a deeper push to address its housing crisis, while two leading mining companies reported increased quarterly output and plans for further …
Real estate once drove China’s economic growth. Now it’s holding it back.
As China signals bold moves to revive its economy, all eyes are on its collapsing property market. Can the government restore the confidence of would-be homebuyers?
The Smart Investor: China’s property market crisis ‘very overwhelming’
David Kuo from The Smart Investor discusses the latest stimulus measures announced by the MOF and emphasizes the need for the Chinese government to address the current housing market crisis.
China Shores Up Property Sector, Signals More Spending Is Coming
China will allow local governments to issue bonds to buy unsold homes to support the ailing property sector, as it pushes to put a floor under an economic slowdown.Most Read from BloombergThe Cablebus …
China Economic Spillovers to Asia Hinge on Property, Nomura Says
China’s spillovers to Asian nations have weakened over the past few years and how Beijing deploys an expected fiscal boost will be critical to whether their exports to the world’s No. 2 economy revive …
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