will step up efforts in technology innovation in China and explore setting up buildings, malls and communities that are all “intelligent”, in a bid to accelerate digitalization of its property offerings. Toward this end, the…
PROPERTY
Access to China’s housing fund for Hongkongers hits a snag, as Shenzhen-based firm refuses to let eligible employee join
Latest official figures showed there were 82,531 Hongkongers working in mainland China. As members of the fund … that they could use to apply for low-interest housing loans for property purchases on the mainland, or…
Beijing property prices remain stable
BEIJING, Dec. 23 (Xinhua) — Property market in Beijing held steady in November with … fourth plenary session of the 12th Beijing committee of the Communist Party of China (CPC). According to the research arm…
China to focus on aiding first-time buyers, curbing speculation in 2018: Xinhua
China’s housing market boom has lasted more than two years, giving the economy a major boost but stirring fears of a property bubble, with the government taking stern measures to curtail speculative buying. Growth in…
Chinese property giants pledge USD 7 billion towards new projects
This is largely due to China’s dominant and ongoing economic contributions and close political ties between the two nations. In an announcement at the end of November, two major Chinese property and construction firms have…
China’s Baidu Sues Ex-Driverless Chief Over Alleged Secrets Theft
Baidu Inc. is suing its former autonomous driving chief and his months-old startup for allegedly stealing in-house technology, moving to protect intellectual property it considers vital to future growth. Baidu is accelerating an effort to…
China’s second-largest bank offers owners cash incentives to spur nascent rental market
China Construction Bank (CCB), the country’s second-largest lender, is to offer homeowners a one-off payment in exchange for the right to rent out their property as it ramps up efforts to tap the government-backed rental…
More details on China’s looming nationwide property tax
Investors and property developers have long viewed property tax as a threat. It would certainly increase the holding costs for property owners, especially those who have several properties. As such, it may force owners to…
China Adds Rental Homes To Property Policy
Ensuring a steady supply of new homes will be the primary goal of China’s property-market policy in the years to come. This is one of the key takeaways from the Central Economic Work Conference which…
China property investment to slow further in 2018 – Think tank
Reuters reported that growth in China’s real estate investment is likely to slow further next year due to regulations and a corresponding fall in property sales, the China Securities Journal reported a senior think tank…
Wanda Refocuses on Property as China Issues Code of Practice for Acquisitions
The Chinese government this week issued a code of practice for how private sector companies should conduct overseas acquisitions. The move is designed to curb companies such as entertainment-to-property giant Dalian Wanda, which simultaneously announced…
How innovative China’s growing pains point to an urgent need for IP know-how
In US President Donald Trump’s first national security speech on Monday, he vowed to protect US intellectual property rights against China’s ambition to “unfairly tap into the US’s innovation pool by stealing its proprietary technology…
Don’t shy away from standing up to China, US envoy urges
Mr Carouso declined to comment on how these laws fit with the US strategy towards China. The US strategy raises the issue of Chinese theft of American intellectual property through universities – an issue that…
