Property investment in China fell 10.1% in the first half of 2024 from a year earlier, matching a figure in January-May, suggesting the sector is still not out of the woods despite mounting policy support.
PROPERTY
China blacklists six American firms
The Ministry of Foreign Affairs of China in a statement announced that Beijing has sanctioned six American companies active in the arms industry and several of their executives.
China Market Update: Mainland Flat On Trade Surplus, Real Estate Rocks Before Plenum, Week In Review
The growth factor outpaced the value factor significantly in Hong Kong and somewhat in Mainland China. This is because internet stocks had a great day despite some analysts cutting their targets for …
China’s Real Estate Data Trending In Wrong Direction And Hitting Historic Lows
China is rapidly earning the distinction of being one of the world’s worst real estate markets, and two new data points only strengthen its grip on that unwanted mantle. Reuters recently reported that …
China’s localities need debt relief, academic says, backing treasury bonds to ease burdens
With China’s local governments under the yoke of heavy debt, calls are growing louder for the central government to lighten the load with treasury bonds – and eventually, reform of public finances.
China’s property market shows more signs of a meaningful rebound
China’s pre-owned secondary homes market showed positive signs of recovery in June, as their sales in some major cities rose to a 14-month high, thanks to the government’s ramped-up policy support to …
China’s Economic Recovery Stumbles as Industrial Output Disappoints
China’s economic recovery faces headwinds as industrial production misses expectations, while retail sales and steel output offer mixed signals.
China Thrashes U.S. In Global AI Patent Race—Here’s Why That Doesn’t Mean It’s Winning The AI War
China has filed more than six times as many patents for generative AI inventions than the U.S. over the last decade but patent filings offer only a “partial view” on the global race to control…
China’s secondary property sales surge after policy incentives, as buyers eschew new flats
Secondary-market sales in Beijing, Shanghai and Shenzhen hit a 14-month high in June, but new home sales slumped further on delivery angst China’s secondary housing market showed signs of recovery as …
China Vanke’s Home Sales Stall as Property Picture Blurs
China Vanke Co.’s home sales saw growth stall in June, amid signs of improvement elsewhere in China’s beleaguered housing market.
China property firms jump after big developers show smaller sales drop
Shares in Hong Kong-listed Chinese property companies surged on Tuesday, after private data showed yearly sales declines for major Chinese property developers continued to narrow in June. The Hang …
China property firms jump after big developers show smaller sales drop
Shares in Hong Kong-listed Chinese property companies surged on Tuesday, after private data showed yearly sales declines for major Chinese property developers continued to narrow in June. The Hang …
China New Home Sales Struggle in Face of Lopsided Recovery
Chinese developers are facing headwinds offloading new home inventory, despite a rebound in second-hand transactions in mega cities. Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally T …