The crisis in China’s property market is severe enough for the government to show willingness to tackle the backlog of uncompleted pre-sold projects. While this is cheering news for many, uncertainty …
PROPERTY
Chinese homebuyers favour ‘second-hand’ houses as property crisis bites
Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Deep in the heart of Shanghai’s former French Concession, buyers are inspecting an old apartment, taking in the …
China’s Real Estate Crisis Hasn’t Found a Bottom. Buyers and Sellers Sit Tight.
If you think investors and developers are confounded by China’s volatile property market, just ask home buyers and sellers.“I thought about selling our second home in 2022, but prices kept going down, …
China property: new stimulus is on the way as Politburo pledges to cut housing inventory, say analysts
A new wave of property stimulus measures is brewing that should fuel a recovery in market sentiment across China as the country’s top decision-makers pledged to tackle housing inventories, according …
China property shares extends gains after government highlights clearing inventory
Representative Image HONG KONG: China property shares extended their gains on Thursday after the government said it would coordinate and improve policies to clear housing inventory and private data …
China’s real-estate slump: Beijing relaxes rules on multiple home ownership after 13-yr freeze to boost sales
In April, new home sales by the top 100 Chinese developers plummeted by 44.9% year-on-year (YoY) to 312.2 billion yuan (US$43 billion), marking a 12.9% decrease compared to March of this year, the …
China’s property slump: Beijing ends curbs on multiple home ownership in outer areas of city to stimulate buying
The capital city has relaxed rules on multiple home purchases after 13 years as part of the country’s effort to stimulate a stubbornly stagnant property market.
China’s Leaders Hint at New Plan to Fix Biggest Drag on Economy
China’s ruling Communist Party vowed to explore new measures to tackle a protracted housing crisis, which remains the biggest drag on the nation’s economy, and hinted at possible rate cuts ahead.Most Read from BloombergTesla Soars…
China’s Top Leaders Hint at Property Support, Rate Cuts
China’s ruling Communist Party vowed to examine measures to tackle the nation’s excess housing inventory, signaling stepped-up help for a protracted property crisis, and hinted at possible rate …
China’s Top Leaders Hint at Property Support, Interest Rate Cuts
China’s ruling Communist Party vowed to study measures to digest the nation’s housing stockpile, in a move that could alleviate the property crisis, and hinted at a willingness to cut rates.
China Vanke Shares Slump After Soft Results Amid Continuing Property Downturn
China Vanke shares slumped after it posted soft first-quarter results amid continuing pressure in China’s property sector.
China Vanke Posts First-Quarter of Losses Amid Property Woes
By Kimberley Kao China Vanke posted a first-quarter loss as earnings were weighed by the ongoing slump in China’s property sector. The company, one …
NASA’s chief is worried that China will seize Moon real estate
NASA’s leader is worried about an international race for lunar real estate, as China prepares for a series of missions to the Moon.
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