China’s economy, long an engine of world growth, has been sputtering lately. During the second quarter of 2024, it grew at an annual rate of 4.7%—down from an average 7% a year during the past…
PROPERTY
China’s Third Plenum Planners Have Problems Beyond The Property Crisis
For years China’s local governments have spent freely to support growth. The debt loads they have accumulated now threaten the nation’s economic prospects.
Analysis-China tries to hit more birds with one stone in property rescue push
After Beijing ordered Chinese cities to buy newly-completed apartments and turn them into affordable housing, the first steps they took were to unveil plans to broaden eligibility for subsidies and …
China’s property investment drops 10.1% y/y in January-June
Property investment in China fell 10.1% in the first half of 2024 from a year earlier, matching a figure in January-May, suggesting the sector is still not out of the woods despite mounting policy support.
China blacklists six American firms
The Ministry of Foreign Affairs of China in a statement announced that Beijing has sanctioned six American companies active in the arms industry and several of their executives.
China Market Update: Mainland Flat On Trade Surplus, Real Estate Rocks Before Plenum, Week In Review
The growth factor outpaced the value factor significantly in Hong Kong and somewhat in Mainland China. This is because internet stocks had a great day despite some analysts cutting their targets for …
China’s Real Estate Data Trending In Wrong Direction And Hitting Historic Lows
China is rapidly earning the distinction of being one of the world’s worst real estate markets, and two new data points only strengthen its grip on that unwanted mantle. Reuters recently reported that …
China’s localities need debt relief, academic says, backing treasury bonds to ease burdens
With China’s local governments under the yoke of heavy debt, calls are growing louder for the central government to lighten the load with treasury bonds – and eventually, reform of public finances.
China’s property market shows more signs of a meaningful rebound
China’s pre-owned secondary homes market showed positive signs of recovery in June, as their sales in some major cities rose to a 14-month high, thanks to the government’s ramped-up policy support to …
China’s Economic Recovery Stumbles as Industrial Output Disappoints
China’s economic recovery faces headwinds as industrial production misses expectations, while retail sales and steel output offer mixed signals.
China Thrashes U.S. In Global AI Patent Race—Here’s Why That Doesn’t Mean It’s Winning The AI War
China has filed more than six times as many patents for generative AI inventions than the U.S. over the last decade but patent filings offer only a “partial view” on the global race to control…
China’s secondary property sales surge after policy incentives, as buyers eschew new flats
Secondary-market sales in Beijing, Shanghai and Shenzhen hit a 14-month high in June, but new home sales slumped further on delivery angst China’s secondary housing market showed signs of recovery as …
China Vanke’s Home Sales Stall as Property Picture Blurs
China Vanke Co.’s home sales saw growth stall in June, amid signs of improvement elsewhere in China’s beleaguered housing market.
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