Michael Pettis, Houze Song, and Marco Polo China offer competing views on China’s growth. I do not expect negative growth, rather a slowdown in growth. Here are some competing views. My take on how ……
PROPERTY
Biz China Weekly: GDP, industrial output, retail sales, employment, property investment, SOE profits, FDI
China’s value-added industrial output, an important economic indicator, went up 2.8 percent year on year in 2020, data from the NBS showed. The growth accelerated from a rise of 2.3 percent registered … ( read…
Shanghai changes rules to stop couples from faking divorces as they vie for less up-front money to buy residential property
The move is an attempt to crack down on married couples who fake their separation on paper – but cohabiting in practise – to qualify for allotments or mortgage entitlement to buy property. ( read…
China Cracks Down on Fake Divorces That Let People Buy More Properties
A resurgence in real estate prices in Shanghai and Shenzhen has prompted authorities to rein in speculation, in line with the Chinese government’s resolve to keep the property market in check. ( read original story…
Shanghai imposes tougher rules on city’s property market
China’s financial hub Shanghai will impose tougher regulations on its property market in response to a recent heating up of house trading in the city. ( read original story …)
Guangzhou property market boosted by policies to transform industry, attract talent
Home prices in the city were already trending up last year according to two gauges. Its property market will continue to build on this momentum in 2021. ( read original story …)
China-Europe shipping costs, Navalny jailed, Brookfield chief says real estate is undervalued
The cost of shipping goods from China to Europe has more than tripled in the past eight weeks as the pandemic disrupts global trade, Russian opposition activist Alexei Navalny has been sent to prison ……
China’s property investment up 7 pct in 2020
China’s investment in property development rose 7 percent year on year in 2020, picking up from the 6.8-percent increase in the first 11 months, the National Bureau of Statistics (NBS) said Monday. ( read original…
Property prices climb at growing rate in China’s biggest cities
China’s biggest cities saw a faster increase in prices of new residential houses and secondhand homes in December, official data showed, as analysts said demand for housing in competitive school … ( read original story…
China’s 2020 property investment rises 7% y/y
China’s property investment rose more slowly in 2020 from a year earlier although the rate of growth remained robust, official data showed on Monday. ( read original story …)
Chinese Property Developers Have Huge Debts to Refinance
China’s property developers have a mountain of international debt to refinance this year, and tight lending conditions are raising the risk of defaults. The real-estate firms need to repay up to $53.5 … ( read…
China property: new home prices grew moderately in December, as tightening measures cooled market
China’s new homes prices grew moderately in December, official data showed on Friday, as government measures aimed at cooling the property market took their toll. ( read original story …)
UPDATE 1-China’s new home prices see moderate growth in December
China’s new homes prices grew moderately in December, official data showed on Friday, as government measures aimed at cooling the property market took their toll. Average new home prices in 70 major … ( read…
