BEIJING (Reuters) – Growth in China’s manufacturing sector slowed slightly in December as a punishing crackdown on air pollution and a cooling property market start to weigh on the world’s second-largest economy. The data support…
PROPERTY
Property tax in China could spell big changes for market
This iframe contains the logic required to handle Ajax powered Gravity Forms. Speculation that a property tax will be introduced in China is hotting up, as legal process could be in place by March 2019.…
BRIEF-China Overseas Property To Terminate Agreement With HRL
Dec 29 (Reuters) – China Overseas Property Holdings Ltd : * TO TERMINATE AGREEMENT WITH HRL EFFECTIVE 29 DEC PURSUANT TO WHICH HRL OBLIGED TO PAY TO CO UNPAID ENTRUSTED MANAGEMENT FEES Source text for…
A new report reveals China-backed developers are behind the Adelaide apartment boom
The report from property group Colliers International and the Australia China Business Council reveals more than 1600 apartments are under construction in the CBD with an additional 2000 at various stages of the approval process.…
Retrials in 3 property cases ordered
The retrials have shown that the people’s courts around China will further protect people’s property right and create a healthy environment for entrepreneurs so they can play a more important role in society, according to…
Hong Kong and mainland stocks advance as property developers and liquor distillers lead rally
as property developers gained on optimism about strong sales while Kweichow Moutai raised the price of its fiery liquor. Hong Kong’s benchmark Hang Seng Index advanced 0.9 per cent, or 266.05 points, to 29,863.71 at…
China extends pilot plan to mortgage rural land rights
China’s top legislature on Wednesday approved a decision to extend a pilot program allowing farmers in selected areas to mortgage their land use rights and housing property rights. The decision was made by the Standing…
Sunac China Holdings Increases Stake in LeEco’s Le Vision Pictures
The drama of China’s entertainment and tech group LeEco continues to unfold as property developer Sunac China Holdings has increased its stake in one of the troubled group’s subsidiaries. According to an announcement made on…
What does 2018 have in store for bitcoin, Chinese growth and Hong Kong property prices?
Gravity can be defied, but not indefinitely – this basic law of more or less everything has been proven time and again, yet China’s four decades of economic … that’s a no-brainer – in a…
‘Hawaii of China’ dumps GDP targets to save its tropical beaches
Something’s in the air as environment becomes new battleground for China’s cadres Adding to the problems, the inspectors found the island’s sewerage systems were inadequate to cope with all the property projects being built and…
China’s Hollywood romance turns sour
At the end of 2016 Wang Jianlin, the chairman of Dalian Wanda, the Chinese property, retail and entertainment group … in the summer Wanda denied rumours that he had been forbidden from leaving China. Once…
China’s new consumption-driven economy isn’t what it seems
In China, where wealth is concentrated in Communist Party cadres and those close to them, the average is meaningless because the rich distort the reading. What matters is the median. The property bubble in big…
China stocks rise, led by financials and property firms
SHANGHAI, Dec 26 (Reuters) – China stocks ended firmer on Tuesday, led by financial and real estate firms, though trading was thin as year-end nears. ** At the close, the Shanghai Composite index was up…