China has announced it will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), seeking to reverse a slump in the property industry.
PROPERTY
China To Boost Credit For Property Market, Renovate 1 Mn Homes
China said Thursday it would boost the credit available to the ailing property market and help renovate a million homes as it unveiled another round of measures to shore up the sector and try to…
Iron Ore Swings With China Property and Miners’ Output in Focus
Iron ore swung between gains and losses as China signaled a deeper push to address its housing crisis, while two leading mining companies reported increased quarterly output and plans for further …
Real estate once drove China’s economic growth. Now it’s holding it back.
As China signals bold moves to revive its economy, all eyes are on its collapsing property market. Can the government restore the confidence of would-be homebuyers?
The Smart Investor: China’s property market crisis ‘very overwhelming’
David Kuo from The Smart Investor discusses the latest stimulus measures announced by the MOF and emphasizes the need for the Chinese government to address the current housing market crisis.
China Shores Up Property Sector, Signals More Spending Is Coming
China will allow local governments to issue bonds to buy unsold homes to support the ailing property sector, as it pushes to put a floor under an economic slowdown.Most Read from BloombergThe Cablebus …
China Economic Spillovers to Asia Hinge on Property, Nomura Says
China’s spillovers to Asian nations have weakened over the past few years and how Beijing deploys an expected fiscal boost will be critical to whether their exports to the world’s No. 2 economy revive …
Need to see property market stabilization measures from the Chinese government: RBC
Jasmine Duan with RBC Wealth Management Asia says China’s property market is key for income and consumer sentiment, and adds that the government has realized reliance on high-end manufacturing isn’t enough to boost the overall…
Too early to call a burst in China property buying a recovery, analysts say
Property sales soared in some Chinese cities during the week-long National Day holiday after a slew of stimulus was unveiled to support the market, but analysts warn it is premature to call it a …
China to flesh out economic stimulus plans after bumper rally
Top Chinese economic policymakers are expected to flesh out a raft of growth-boosting policies on Tuesday, after the announcement of long-awaited stimulus measures last month sparked a blistering stock market rally.
China’s property market shows positive change during National Day holidays following policy boost
China’s real estate market showed positive changes during the week-long National Day holidays, as homebuyer confidence was revived by a series of measures announced by major Chinese cities since September to boost the healthy development…
Judge rules on $1m property split in Chinese same-sex couple’s secret seven-year relationship
A same-sex couple who moved to New Zealand from China where their lifestyle was frowned upon ended up in a three-year legal battle over a house built with money from one of the wo
China Property Stocks Slump as Caution Grows After Record Rally
Chinese developers’ shares plunged after an unprecedented rally, fueling a broader market retreat as investors reassessed the sector’s risks.
