BEIJING China’s red-hot property market picked up pace in February after pulling back for four months, with average new home prices in the nation’s 70 major cities rising slightly in spite of a raft of…
PROPERTY
China-Based Property Developer Country Garden Inks Agreement for Pacificview's New Project Forest City in Malaysia
The project is a milestone for the fulfilment of the Chinese government’s One Belt, One Road initiative SHUNDE, China, March 15, 2017 /PRNewswire/ — On 11 March, His Royal Highness Sultan Ibrahim Ibni Almarhum Sultan…
China pledges to contain home prices as property market defies curbs
BEIJING China added a pledge to contain the country’s fast-rising home prices to its annual work report on Thursday, as a red-hot property market resists cooling measures and purchase restrictions spread out from the biggest…
China Kicks Property Tax to the Curb—For Now
BEIJING—This year it seemed China was finally going to make headway on an idea familiar to U.S. homeowners: a property tax. For many Chinese families, owning a home is one of few options to build…
A.M. Best Affirms Credit Ratings of Starr Property & Casualty Insurance (China) Company, Limited
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…
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…
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