China’s home sales tumbled in June, snapping a four-month rebound, suggesting the country’s vast property market is far from stabilizing.
PROPERTY
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 …
China’s Property Market Stays Cold Despite Mortgage Rate Cuts
The Chinese real estate market has remained cold during the three-day Dragon Boat Festival despite cities lowered the floor on mortgage rates for buyers after the central bank cut the loan prime rate.
China owns 300,000 acres of land in the U.S. 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.
Two more China property developers fail to meet bond repayment obligations, seek advice on resolving defaults
Central China Real Estate and Leading Holdings Group became the latest to default on their debt repayments as China’s property sector’s litany of woes continues with Beijing disappointing expectations …
China’s Property Market Remains Cold Despite Mortgage Rate Cuts
(Yicai Global) June 26 — The Chinese real estate market has remained cold during the three-day Dragon Boat Festival despite cities lowered the floor on mortgage rates for buyers after the central …
Central China Real Estate’s Shares Jump After Developer Halts Offshore Debt Payments
By Bingyan Wang Central China Real Estate’s shares jumped in Hong Kong trade on Monday morning after the developer said it would halt offshore debt …
Chinese Builder Halts All Offshore Debt Payment on Property Market Weakness
A Hong Kong-listed Chinese real estate developer said it will suspend all offshore debt payments, citing weakness in the country’s property market, deteriorating sales and constrained liquidity.