By mid-June, the city registered 14,730 existing home deals — surpassing the average monthly level from the previous five months — since May 28, when local favorable property measures kicked in. In …
PROPERTY
China property recovery elusive despite relief, say S&P, Fitch; others see bright spots
Beijing’s most ambitious attempt yet to support China’s slumping property market was panned by S&P Global and Fitch Ratings, as the two agencies predict more downside for the crisis-hit sector, in …
Opinion | Inside China’s Troubled Real Estate Market
I t’s time to confront the possibility that China’s economy has changed permanently in recent years. Is anyone ready for the new reality?
Opinion | Inside China’s Troubled Real Estate Market
I t’s time to confront the possibility that China’s economy has changed permanently in recent years. Is anyone ready for the new reality?
China’s property sales outlook worse than ratings firms expected
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 …
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 …
