TWO global credit ratings firms lowered their forecasts for China’s property market, as an accelerating slump in home prices hampers the country’s efforts to rescue the sector. Read more at The …
PROPERTY
China’s Property Crisis & Manufacturing Slowdown Trigger China’s Worst Ever 3-Year Drop of Steel Production
China, which produces over half the world’s crude steel – ingots, semi-finished products (billets, blooms, slabs), and liquid steel for castings – is dealing with the more or less controlled collapse …
Rare bulls in China property market stick to their bets
The few investment houses which are bullish on China’s property sector are holding on to their optimistic bets in defiance of a faltering stock market and a dominant view that Beijing’s latest support …
China property investment continues to decline despite support measures
China’s property sector remains weighed down by weak housing demand, with the decline in real estate investment deepening despite Beijing’s support measures. Property investment fell 10.1% Y/Y in the first five months of the year,
China’s factory output disappoints, property sector stuck in doldrums
BEIJING (Reuters) -China’s May industrial output lagged expectations and a slowdown in the property sector showed no signs of easing despite policy support, adding pressure on Beijing to shore up …
China’s property investment declines further in January-May
NEW DELHI: Property investment in China witnessed a 10.1% decline compared to the same period in the previous year in the initial five months of 2024, a further drop from the 9.8% decrease recorded in…
China new home prices fall at fastest clip in nearly 10 years
China’s new home prices fell at the fastest pace in more than 9-1/2 years in May, official data showed on Monday, with the property sector struggling to find a bottom despite government efforts to …
Chinese government rushes to shore up struggling property sector with new policies
A report has called China’s housing market the ‘primary risk’ to the economy as more is done to stabilise the sector.
China Steel Demand Plateaus at a Decent Level, Vale’s Boss Says
Chinese steel demand “has definitely plateaued” due to property woes, though the Asian nation’s appetite for the material is still at a “decent level,” said the head of the world’s second-largest iron …
Global 2000: China Ranks Thin On Real Estate Glut, Stock Slide
China, including Hong Kong, occupies 324 spots in the 2024 Forbes Global 2000 ranking of the world’s top publicly traded companies unveiled Thursday. That’s the second consecutive decline from a …
Global 2000: China Ranks Thin On Real Estate Glut, Stock Slide
China, including Hong Kong, occupies 324 spots in the 2024 Forbes Global 2000 ranking of the world’s top publicly traded companies unveiled Thursday. That’s the second consecutive decline from a …
Why are China’s consumers spending less?
With a slowing economy, the rapid growth of consumer spending is “in the past” and China’s consumers are spending less.
China’s Mild Inflation Fails to Quell Concerns Over Weak Demand
China’s consumer prices rose less than expected in May and factory prices dropped for the 20th month in a row, fueling concerns over persistently weak demand.
