Homebuyers are coming back. The real estate industry, which accounted for as much as one-quarter of China’s GDP can breathe a sigh of relief. Of the 70 major cities tracked by the government, 55 had…
PROPERTY
China developer Sunac shares plunge after year-long suspension ends
Chinese property developer Sunac China Holdings Ltd’s shares fell 45% on Thursday morning after resuming trade following a suspension of more than a year as it looks to restructure its debt after a …
China’s Distressed Developers Are Also Very Lucky
Just when China’s distressed developers are delivering their worst annual earnings on record, the country’s housing market is turning the corner. Beijing’s abrupt exit from Covid Zero in late 2022 is …
State-owned firms to extend domination of China property market, support its recovery, analysts say
Divergence in sector performance sees SOEs and quality developers post resilient growth while smaller developers lose competitiveness Property-related activity to decline to an eighth of China’s GDP, …
Life science property investors in China expect steady growth as R&D spending spurs demand for lab space
Investors expect the sector to grow steadily in 2023 despite a plunge in biotech financing last year that has weakened leasing activity Solid spending on research and development is likely to drive …
China property recovery will be slow and unevenly distributed amid income insecurity, distrust of debt-laden developers, analysts say
A turnaround is under way, but analysts expect sales to improve only gradually throughout the year March sales rose sharply, but from a low base, and consumers remain wary of distressed developers’ …
China sanctions Reagan library, others over Tsai’s US trip
Republican House Speaker Kevin McCarthy held talks with Taiwanese President Tsai Ing-wen at the Reagan library this week in a rare high-level, bipartisan meeting on U.S. soil.
China’s homebuyers are starting to come back
More people in China want to buy houses again, according to a first quarter survey released Monday by the People’s Bank of China.
Analysis: China’s Property Market Shows Signs of Life, but Struggles May Persist
Chinese property developers’ earnings are likely to remain under pressure in 2023, with a recent uptrend in property sales more reflective of pent-up demand caused by Covid-19 curbs than a sign of an …
China New Home Sales Rise Sharply in March – Survey
People stand in front of residential building models at a Country Garden property showroom in Huaian, Jiangsu province, China December 10, 2017. Picture taken December 10, 2017. REUTERS/Stringer …
Chinese cash trickling back to Asia’s property markets
The end of China’s strict COVID-19 border controls is prompting pent-up cash to begin flowing abroad, real estate agents and property data from Australia to Singapore suggest. Chinese demand is …
China’s factory activity growth falters in March due to weaker demand, slowing production
China’s Caixin/S&P Global manufacturing purchasing managers’ index (PMI) fell to 50 last month, down from 51.6 in February, data released on Monday showed.
China land-buying push targets U.S. agriculture, farm acreage
China’s government is systematically buying U.S. farmland as part of a strategy to meet soaring domestic demand and bolster an agricultural sector beset by decreasing arable land and polluted water.