Evergrande was once China’s biggest real estate firm but its spiraling debt become emblematic of a prolonged crisis in China’s real estate sector China’s deeply indebted property giant Evergrande has been fined $576 million for…
PROPERTY
China’s Bargain Hunters Stir in Battered Property Market
It’s incredible how far China has come since Xi espoused his mantra of “houses are for living in, not for speculation” a few years ago. While curbing financial risk was a noble cause, the real…
How did Wanda founder Wang Jianlin escape the wave that swept away embattled Evergrande property tycoon Hui Ka Yan?
Wanda Group founder Wang Jianlin turned to a ‘light-asset’ model in 2017, helping him avoid the same fate as Hui Ka Yan, the embattled founder of indebted real estate developer Evergrande Group.
China’s factory activity unexpectedly dips as property pain persists
China’s manufacturing activity unexpectedly fell in May, keeping alive calls for fresh stimulus as a protracted property crisis in the world’s second-largest economy continues to weigh on business, …
China Property Debt Rally to Face Volatility, Fund Managers Say
A recent rally in China’s property debt fueled by Beijing’s policy support runs the risk of tapering off as default risks for developers continue to linger. China’s junk dollar bonds rose for a fourth …
China’s Property, Tech Stocks Are Falling to Bearish Milestones
China’s technology and property shares are on the brink of a technical correction, raising doubts over the sustainability of a recent rebound in the country’s equities.Most Read from BloombergWorld’s …
China’s May factory activity likely expanded at steady pace, recovery still fragile: Reuters poll
China’s manufacturing activity in May likely grew at a similar pace to the previous month when it barely managed to stay expansionary, a Reuters poll showed on Thursday, reinforcing the fragile nature …
China’s property rescue to deliver modest GDP boost, survey shows
CHINA’S most forceful attempt to shore up its beleaguered property market is expected to improve growth prospects modestly this year, according to economists surveyed by Bloomberg. Read more at The …
China’s property rescue to deliver just small GDP boost, survey shows
BEIJING – China’s most forceful attempt to shore up its beleaguered property market is expected to improve growth prospects modestly this year, according to economists surveyed by Bloomberg. Seven out of 12 respondents to a…
Why China’s support of property sector won’t lead to surge in mortgage defaults
China’s sweeping moves released in recent days to increase support for real estate have aroused fierce discussion, with some Western economists assuming that policy-easing measures could pose risks to banks operating in lower-tier cities.
China: Property Easing Measures Are Speeding Up
China’s cautious approach to property policy easing gained significant traction following the April politburo meeting. Click to read.
China needs to look beyond real estate for sources of growth
At the same time, there is still substantial unmet demand in certain sectors, particularly education and healthcare. Housing, education and healthcare have long been the three big burdens weighing on …
China property: ‘underwhelming’ stimulus to fall short of refloating market amid sunken buyer confidence, analysts say
Scott Xiong of Wuhan, the capital city of China’s central Hubei province, is racked with disappointment after a potential buyer pulled the plug on a deal to buy his home last week. Now the 30-year-old…
