The former head of a top Chinese bank was handed a suspended death sentence for corruption on Tuesday, state media reported, the latest development in President Xi Jinping’s decade-long anti-graft …
PROPERTY
Hong Kong property: Agile chairman Chen Zhuolin loses US$16 million in 9-flat fire sale
Chen Zhuolin sold nine units in Hamburg Villa, valued at HK$213 million (US$27.3 million), for about HK$90 million Chen Zhuolin, the chairman of distressed mainland Chinese developer Agile Group, has …
Inside China’s Property Collapse (Evergrande Disaster)
Explore the shocking details behind China’s property collapse and the Evergrande disaster. 🇨🇳📉 Uncover how one of the world’s largest real estate crises unfolded, impacting millions and sending …
China Builder Jinke Aims to Release Onshore Debt Plan in Weeks
Chinese developer Jinke Properties Group Co. aims to release its court-supervised onshore debt restructuring in weeks, said people familiar with the matter, in what would be the first such plan for a …
Why a trade war with Trump threatens China’s ruin
Understanding how China’s economy really works is difficult at the best of times. Its statistics agencies do not regularly publish data on things like local employment and, when they do, observers are …
China zeroes in on investigating ‘common disputes’ as it reels through spates of ‘revenge crimes’
China’s justice ministry announced that they will be actively probing local disputes after the country witnessed several violent incidents such as mass stabbings and car rammings in multiple cities …
China Zeroes In On ‘Common’ Disputes In Wake Of Deadly Attacks
Beijing is ramping up scrutiny of “common” disputes such as those involving marriages and property, the justice ministry said, as the public reels from a recent string of deadly attacks.
Temasek’s CapitaLand warns of China property losses as Singapore investor cuts exposure
CapitaLand Investment, one of Asia’s largest property investment managers, warned of potential losses as it seeks to extricate itself from China’s real estate crisis. The Singapore-based firm wants to …
CapitaLand Warns of China Losses as Singapore Property Investor Cuts Exposure
CapitaLand Investment Ltd., one of Asia’s largest property investment managers, warned of potential losses as it seeks to extricate itself from China’s real estate crisis. The Singapore-based firm …
Beijing, Shanghai announce tax breaks to boost ailing property markets
Shanghai said on Monday it would reduce some taxes on real estate transactions from Dec. 1, according to state media, a move designed to support the property market in China’s second-largest city.
China property: Shenzhen joins Beijing and Shanghai in offering tax breaks to boost sales
Authorities in Shenzhen, China’s technology hub and home to giant companies such as Tencent Holdings and BYD, late on Tuesday said homeowners no longer have to pay value-added tax when reselling their …
Amid property crisis, China must shift from ‘availability’ to ‘quality’, premier urges
China is stepping up efforts to revive its economic growth, which has been dragged down by a property crisis, the tightening financial positions of local governments and weak consumption confidence.
Shanghai becomes first major Chinese city to announce property tax incentives
Shanghai said on Monday it would reduce some taxes on real estate transactions from Dec. 1, according to state media, a move designed to support the property market in China’s second-largest city.