Property price gains in China are likely to slow due to official efforts to rein in the market, a top real estate executive said Thursday. “For years, the Chinese government has had the effort to…
PROPERTY
Is China Ready for a Property Tax?
Revealing a roadmap for an annual property tax, Chinese Finance Minister Xiao Jie lately indicated that this long-awaited initiative is being fast tracked, starting a new chapter in the housing market. Xiao suggested property tax…
Hidden peril awaits China’s banks as property binge fuels mortgage fraud frenzy
SHANGHAI • When Zhu Chenxia bought a flat early last year from Lei Yarong in the up-market Nanshan district of China’s southern metropolis of Shenzhen, the two women drew up three purchase agreements to cover…
Special Report: Hidden peril awaits China’s banks as property binge fuels mortgage fraud frenzy
SHANGHAI/HONG KONG/BEIJING (Reuters) – When Zhu Chenxia bought a flat early last year from Lei Yarong in the up-market Nanshan district of China’s southern metropolis of Shenzhen, the two women drew up three purchase agreements…
China factor in property market exuberance
Bullish bids from China developers don’t mean market is heating up – they may be driven by non-market considerations I was at the Queen Victoria Market in Melbourne recently with a friend, browsing, when I…
To compete with China, Canada must step up its innovation game, says Jim Balsillie
While competitors like the U.S. and Japan hold massive intellectual property stocks, Basillie said Canada has … As for the prospect of a free trade deal with China, Balsillie suggested Canada take a page from…
The China factor in property market exuberance
A few bullish bids from China developers doesn’t mean the market is heating up, as they may be driven by non-market considerations. I was at the Queen Victoria Market in Melbourne recently with a friend,…
China lends $119.2 billion individual mortgages via housing fund in January-October
China has tightened rules on home buyers borrowing from the housing provident fund to rein in skyrocketing property prices in many cities that have fueled fears of a growing bubble. ( read original story …)
China’s November factory growth picks up
Data upbeat despite crackdown on air pollution and cooling property market BEIJING • Growth in China’s manufacturing sector unexpectedly picked up last month, despite a crackdown on air pollution and a cooling property market that…
China’s factory growth unexpectedly picks up despite pollution crackdown
Growth in China’s manufacturing sector unexpectedly picked up in November, despite a crackdown on air pollution and a cooling property market that have been widely expected to weigh on the world’s second-largest economy. The upbeat…
Time to Cut China Property Bonds at Standard Life; India Lures
Standard Life Aberdeen plc is reducing its holdings of dollar bonds sold by Chinese real-estate companies, expecting that Beijing’s efforts to reduce financial risk will hit the nation’s property prices. Craig MacDonald, global head of…
China needs a new growth model to wean itself off property market highs
China’s bond yield topped 4 per cent last week, up by about 50 basis points in two months. That clearly reflects a tightening monetary stance. Meanwhile, China’s nominal gross domestic product growth rate accelerated to…
Chubb Announces Strategic Cooperation Agreement with China’s PICC Property & Casualty Company
ZURICH, Nov. 27, 2017 /PRNewswire/ — Chubb Limited (CB) today announced that it has entered into a strategic cooperation agreement with PICC Property & Casualty Company of China that will leverage Chubb’s global capabilities in…
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