In the second part of a series looking at China’s forthcoming legislative meetings, known as the Two Sessions, we look at how China’s real estate developers, among the biggest debtors in the country, … (…
PROPERTY
China court orders man to pay wife for housework in landmark case
A Beijing divorce court has ordered a man to compensate his wife for the housework she did during their marriage, in a landmark ruling. . The case has generated a huge debate online over the…
China Home Prices Shake Off Fresh Curbs to Resume Faster Growth
China’s home-price growth accelerated in January as low inventory stoked a fear of missing out among buyers, even as authorities widened curbs. ( read original story …)
Mega cities fan China’s home prices further in test for policymakers
New home prices in China grew at a faster pace in January, driven by red-hot demand in the country’s mega cities despite several rounds of government cooling measures, leaving policymakers fretting … ( read original…
China’s new home prices in January rise 0.3% from a month earlier
New home prices in China grew at a faster pace in January, driven by red-hot demand in the country’s mega cities despite the government’s cooling measures. ( read original story …)
China HGS Reports First Quarter of Fiscal Year 2021 Results
China HGS Real Estate Inc. (“China HGS” or the “Company”), a leading regional real estate developer headquartered in Hanzhong City, Shaanxi Province, China, today reported its financial results for … ( read original story …)
Suncity listco US$24mln cash under China property disposal
Suncity Group Holdings Ltd is to receive a cash payment of circa CNY155.3 million (nearly US$24.03 million) for disposal of a loss-making mainland China property development and leasing firm with … ( read original story…
Real estate is king for China’s cities as tax revenues stumble
China’s regional governments are taking in proceeds from land sales that are equivalent to more than half of the country’s combined tax revenue as coronavirus relief measures diminish traditional … ( read original story …)
The new cold war: U.S. must stop China from stealing its intellectual property
“China is expanding traditional warfare through the theft of intellectual property.” He should know. When he served as chairman of the Florida House’s Select Committee on the Integrity of Research … ( read original story…
Hang Lung says property deal with U.S. consulate to proceed after China’s approval
Hong Kong developer Hang Lung Properties said its $331.5 million purchase of property owned by the U.S. consulate will proceed after gaining the approval from the Chinese central government. ( read original story …)
US-China tech war: US chip innovation is hurt by Beijing’s ‘mercantilist’ strategies, Washington think tank says
US think tank ITIF estimates that China’s protectionist policies have led to 5,100 fewer US semiconductor patents annually. ( read original story …)
China’s Holiday Consumption Withstands Travel Restrictions
Chinese consumers splurged on restaurants, online sales and movies over the Lunar New Year holiday as travel restrictions made it difficult for many of them to make their annual trips home. ( read original story…
In China, de-collectivization of forest property rights yields mixed results
In China, reform that de-collectivized forest rights — distributing them to private individuals and households — led to mixed outcomes. ( read original story …)