Shanghai said on Monday it would reduce some taxes on real estate transactions from Dec. 1, according to state media, a move designed to support the property market in China’s second-largest city.
PROPERTY
China’s Country Garden submits debt restructuring plan to creditors
The projection shows the developer expects a weaker cash flow in coming years compared with the estimates it had shared …
China Overseas Land: Property Sales And Operating Margin Are Key Considerations
China Overseas Land’s October 2024 property sales surged by +66% YoY. Click here to find out why my hold rating for CAOVY shares remains unchanged.
China unveils tax incentives to revive struggling property sector
China unveiled tax incentives on home and land transactions on Wednesday, aiming to support the crisis-hit property market by increasing demand and easing developers’ financial difficulties. A finance …
China announces tax relief measures to stabilize real estate sector
Individuals either purchasing first residence or second home, as long as the property size does not exceed 140 square meters, will now pay a uniform 1 percent deed tax rate, according to a joint …
China unveils new tax incentives to revive struggling property sector
China on Wednesday unveiled tax incentives to support the ailing property sector, which will take effect from Dec. 1 this year, according to a finance ministry statement.
China Plans to Slash Homebuying Taxes in Fiscal Stimulus
China is planning to cut taxes for home purchases as the government dials up fiscal support to revive a moribund housing market, according to people familiar with the matter.
China planning to cut taxes on home buying: report
China is looking to slash taxes on home purchases as the government strengthens fiscal support for its ailing real estate sector, a media report said on Tuesday. Regulators are preparing a proposal …
China to Step up Idle Land Reclaim to Support Property Market
BEIJING (Reuters) – China plans to utilize funds from local government special bonds to increase efforts to reclaim and acquire idle land, a move aimed at stimulating the struggling property market, …
What you need to know about China’s $1.4 trillion debt package
China unveiled a 10 trillion yuan ($1.4 trillion) debt package on Friday to ease local government financing strains and stabilise flagging economic growth, but officials refrained from announcing …
China’s property market shows signs of bottoming out, as home sales accelerate in major cities in October
Analysts said on Monday that China’s property market development trend is quietly shifting, with continuous growth in home sales anticipated in the final months of the year. September and October are …
China’s huge £1.1tn package to shore up struggling economy as Donald Trump trade wars loom
Donald Trump has previously threatened tariffs on Chinese goods, raising concerns about their impact on China’s economy.
Henry Keswick, taipan who took Jardine Matheson back to China, 1938-2024
Today, as well as being the pre-eminent landlord in Hong Kong’s business district and one of the city’s biggest employers, Jardines has interests spanning hotels, property, engineering, automobiles and retail across mainland China. “Henry devoted…