The People’s Bank of China is the key actor in Beijing’s intensifying effort to shore up the housing market, pumping in cash through a variety of programs with more funds available if they’re needed.
PROPERTY
China Home Sales Slump Eases After New Government Support
The downturn in China’s residential real estate market weakened in May, suggesting that the government’s recent efforts to revive the market are beginning to take hold.
Why This Could Be A Great Time To Buy China
China’s government takes action to save property and stocks, leading to a bounce in struggling share prices. Find out why this could be good time to buy FXI ETF.
China real estate crisis: Chinese property giant Evergrande fined $576 mn for ‘fraud’: regulator
Evergrande was once China’s biggest real estate firm but its spiraling debt become emblematic of a prolonged crisis in China’s real estate sector China’s deeply indebted property giant Evergrande has been fined $576 million for…
China’s Bargain Hunters Stir in Battered Property Market
It’s incredible how far China has come since Xi espoused his mantra of “houses are for living in, not for speculation” a few years ago. While curbing financial risk was a noble cause, the real…
How did Wanda founder Wang Jianlin escape the wave that swept away embattled Evergrande property tycoon Hui Ka Yan?
Wanda Group founder Wang Jianlin turned to a ‘light-asset’ model in 2017, helping him avoid the same fate as Hui Ka Yan, the embattled founder of indebted real estate developer Evergrande Group.
China’s factory activity unexpectedly dips as property pain persists
China’s manufacturing activity unexpectedly fell in May, keeping alive calls for fresh stimulus as a protracted property crisis in the world’s second-largest economy continues to weigh on business, …
China Property Debt Rally to Face Volatility, Fund Managers Say
A recent rally in China’s property debt fueled by Beijing’s policy support runs the risk of tapering off as default risks for developers continue to linger. China’s junk dollar bonds rose for a fourth …
China’s Property, Tech Stocks Are Falling to Bearish Milestones
China’s technology and property shares are on the brink of a technical correction, raising doubts over the sustainability of a recent rebound in the country’s equities.Most Read from BloombergWorld’s …
China’s May factory activity likely expanded at steady pace, recovery still fragile: Reuters poll
China’s manufacturing activity in May likely grew at a similar pace to the previous month when it barely managed to stay expansionary, a Reuters poll showed on Thursday, reinforcing the fragile nature …
China’s property rescue to deliver modest GDP boost, survey shows
CHINA’S most forceful attempt to shore up its beleaguered property market is expected to improve growth prospects modestly this year, according to economists surveyed by Bloomberg. Read more at The …
China’s property rescue to deliver just small GDP boost, survey shows
BEIJING – China’s most forceful attempt to shore up its beleaguered property market is expected to improve growth prospects modestly this year, according to economists surveyed by Bloomberg. Seven out of 12 respondents to a…
Why China’s support of property sector won’t lead to surge in mortgage defaults
China’s sweeping moves released in recent days to increase support for real estate have aroused fierce discussion, with some Western economists assuming that policy-easing measures could pose risks to banks operating in lower-tier cities.
