The chairman of China’s second-largest developer backtracked his neutral assessment from March. Read more at straitstimes.com.
PROPERTY
China’s Top Builder Says Home Market Worse Than Expected
China’s second-largest developer by sales said the nation’s home market is currently “worse than expected,” joining a chorus of investors and analysts who have become bearish on the country’s real …
What’s ailing China’s housing market? A teacher, clerk and tutor show why the next home sales reports will be ugly
Home sales likely stumbled in June and will weaken in subsequent months, analysts forecast; JPMorgan sees the market stabilising at a low level after 2022’s crash China’s policy responses may not help …
China’s June factory activity slows as conditions weaken – Caixin PMI
China’s factory activity growth slowed in June, a private sector survey showed on Monday, with sentiment waning and recruitment cooling as firms grew increasingly concerned about sluggish market …
The Implications of China’s Far-From-Typical Recovery
China’s current recovery is taking an entirely different shape. The country is not only experiencing diminishing returns from its investment-driven model, but it is also facing the end of the global …
China stock investors see humble 2023 returns on growth fears
CHINESE stocks are expected to see modest gains in the second half as investors grapple with just how far policy stimulus will go in turning around a faltering economy. Read more at The Business Times…
China’s Home Sales by Top Developers Plunge in Warning Sign
China’s home sales tumbled in June, snapping a four-month rebound, suggesting the country’s vast property market is far from stabilizing.
China’s local government used fake property deals to boost revenue by $12 billion, says WSJ report
This new revelation shows that China’s real estate slump hit municipalities even harder than initially thought. With the fake sales included, local governments saw property-linked income decline by …
China’s Property Market Enters Troubling New Phase
Real-estate demand appears to be waning as more supply hits the market, raising fresh risks for an already-fragile economy.
Chinese Local Governments Used Fake Property Deals to Boost Revenues
China’s local government funding problems last year were even worse than most economists thought. At least $12 billion worse.
China, in swipe at U.S., accuses West of ‘sowing division and confrontation’
China’s economy is slowing and unemployment rising as the country struggles to emerge from zero covid policies. Talk of “de-risking” isn’t helping either.
China Owns 300,000 Acres Of Land In The US. Here’s Where
Chinese companies and individuals own farmland across America. But lawmakers in Washington are pushing to block any purchases that could be connected to the Chinese Communist Party.
China owns 380,000 acres of land in the U.S. Here’s where
China is No. 18 on the list of foreign investors … Walton International Group, a Scottsdale, Ariz.-based real estate management firm, represents 8% of Chinese-owned land. The company also represents …