A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Starr Property & Casualty Insurance (China) Company, Limited (Starr China) (China). The outlook of these…
PROPERTY
China property sales surge despite gov't efforts to cool market
BEIJING China’s property sales surged in the first two months of the year despite government measures to cool the market, though growth in real estate investment showed signs of easing, according to official data on…
RPT-China Jan-Feb property investment rises 8.9 pct y/y
BEIJING, March 14 China’s real estate investment growth slowed to 8.9 percent in the first two months of 2017 from the same period a year earlier, while property sales sped up despite government cooling measures,…
China's property speculators make a dangerous bet in Hefei
HEFEI, China (Reuters) – In 2016, Hefei, a manufacturing hub of about 8 million people in China’s east, was one of the world’s hottest property markets and a prime target for price curbs designed to…
China's housing minister 'fully confident' of property market outlook: Caixin
BEIJING China’s housing minister Chen Zhenggao said he was “fully confident” of the outlook for the property market, amid strong economic fundamentals and continuing urbanization, financial magazine Caixin said on Thursday. China’s home price growth…
China will fend off risks in property market: land minister
BEIJING China will curb speculative land purchases as it looks to fend off risks in the property market, land minister Jiang Daming said on Wednesday. City governments will be required to publish medium-term residential land-use…
Chinese inquiries in Toronto, Montreal, Calgary real estate spiked with Vancouver tax
Inquiries from China for property in several big Canadian markets spiked in the months after Vancouver introduced its tax for foreign buyers, according to a report based on data from a top Chinese foreign property…
FTC Commissioner: U.S. Must ‘Stand Up’ to China Over Intellectual Property Theft
NATIONAL HARBOR, Md. – Acting Federal Trade Commission Chairman Maureen K. Ohlhausen said U.S. companies are “concerned” about investing in China due to their poor treatment of intellectual property rights. “We’re not an international trade…
China’s city land sales surge 73 per cent despite cooling measures
China’s land sales in 50 major cities surged 73 per cent in the first two months of 2017 despite a raft of measures rolled out in a bid to cool the red-hot property market. Fifty…
China Overseas Land & Investment : COLI February contracted property sales up 48.4%
and the corresponding gross floor area (GFA) sold was about 1.01 million square metres, an increase of 48.4% and 49.7% from a year earlier. For the first two months of 2017, the accumulated contracted property…
Keeping property market cool remains key
China’s property market showed restraint after growing strongly last year. Accelerating home sales and rising property prices triggered fears of an asset bubble forming. As a result, cooling measures were implemented in October, characterized by…
41% of Chinese buyers say they want Toronto real estate for schooling: study
“I really think a lot of perception that people have around foreign buyers and specifically buyers from mainland China are informed by more anecdotal information and not statistics,” he said. The data also indicated that…
Chinese home buyers turn attention away from Vancouver
Inquiries for Vancouver properties on Juwai – China’s largest international-property website – fell 81 per cent in July compared to the same month a year earlier, and 78 per cent in August, and continued lower…
