China knocking the U.S. off the No. 1 spot is for now something of a blip, a result of the Chinese economy recovering significantly faster from the impact of the coronavirus than the U.S. But…
PROPERTY
Asia Pacific property in the Year of the Ox: how Covid-19’s impact will be felt across luxury real estate and retail markets in China, India and beyond
Investors wondering what the coming year will hold in terms of property assets can expect “more than a rebound” – rather, a reboot, according to analysis by JLL. In its 2021 Asia Pacific Real Estate…
US-China trade war: phase one trade deal largely a ‘failure’, as purchases fall well short of targets
China and the US signed their phase one trade deal in January 2020, but a new report suggests US exports of covered goods to China in 2020 fell more than 40 per cent short of…
A New Year For China
This Friday, February 12, marks the start of the Chinese New Year and the Chinese people, like the rest of humanity, will say a hearty good riddance to the last year with hopes for easier…
The Floundering Town-Builder of the Future Shows China’s Real-Estate Risks
The latest Chinese property developer to struggle with its liabilities shows that no corner of China’s financial markets can escape the heavily leveraged real-estate sector. ( read original story …)
China Overseas (00688) Jan property sales up 33.3%
ET Net News Agency, 4 February 2021] China Overseas Land & Investment Limited (00688) said for January 2021, the contracted property sales of the China Overseas Series of Companies amounted to … ( read original…
China property credit crisis drags in Ping An Life
China Fortune Land Development’s $814 mln of overdue loans have local officials warning its collapse could create systemic risk. Over 200 financial institutions are involved. Beijing might let CFLD … ( read original story …)
More than half of investors plan to buy commercial real estate in 2021
As high as 57 percent of investors from home and abroad plan to increase their purchases of commercial real estate in China in 2021, the highest rate since 2016, according to the China Investor ……
KE Holdings: 3 Reasons to be Bullish on the “Zillow of China”
KE Holdings (Nasdaq: BEKE) is known as the “Zillow (Nasdaq: ZG) of China”. However, the company has much more potential given that China’s real estate market is relatively undeveloped. One unique … ( read original…
China’s Xi Calls for Better Protection of Intellectual Property
Chinese President Xi Jinping called on officials to step up protection of intellectual property rights from the perspective of “national strategy,” Xinhua News Agency reported. Protecting intellectual … ( read original story …)
Evergrande’s property service unit pays US$233 million to buy a rival to meet target of increasing 2020 profit by 50 per cent
While many property services companies benefit from new projects of their parent developers for expansion, Evergrande’s services arm needs mergers and acquisitions to sustain growth, UBS Group AG … ( read original story …)
How A Former WeWork Exec Aims To Jumpstart The Property Market Landscape In China
After a proptech’s $2 billion IPO last summer, all signs point to China being the next big growth area for the industry. Here’s how a new start-up model is attempting to capitalize on the momentum.…
U.S. Intelligence Claims China Wants to Steal Your DNA
China has been accused of stealing a lot of things from America: intellectual property, “jobs and wealth,” even our role as the world’s biggest jerk. Now, US national security officials warn that … ( read…
