With substantive monetary policy easing, market confidence and investor morale have been revitalized and are now on the upswing, as property dealers said that they have received rising visits by …
PROPERTY
China property crisis deepens as Moody’s withdraws credit ratings
China’s property crisis deepened as Moody’s withdrew a flurry of credit ratings from key companies. The credit ratings agency issued sudden removals for 11 Chinese businesses today in a blow to …
China’s Property Foreclosures Surge as Growth Slows
China’s economic downturn has resulted in a growing number of debt-saddled property owners who are forced to sell, especially as real estate loans account for a large majority of the country’s …
Alibaba Cofounder Jack Ma’s Wife Bought $37 Million Worth Of Property In Singapore, Report Says
Z hang Ying, the wife of Chinese billionaire Jack Ma, bought three properties in Singapore for a total of up to S$50 million ($37 million), according to a report by local business newspaper the …
China’s Property Crisis: Inside a Ghost Town of Abandoned Mansions
China’s property crisis is expected to worsen as new home sales plummet and indebted developers struggle to find funds to complete projects. WSJ’s Jonathan Cheng traveled to an abandoned “ghost town” …
China’s Metal Demand Takes a Different Shape
The realization that China’s property bust is beginning to look semi-permanent isn’t welcome for big miners, which have long fed off the country’s housing demand. But although China is starting far …
China cuts mortgage rates by record amount to help struggling property sector
China made its biggest ever cut to mortgage rates on Tuesday, as the authorities try to support the struggling property sector, though the response from stock markets was muted.
Foreign Investment In China Tumbles To A Thirty Year Low
Like many coal rich regions in China’s arid northwest, a vast amount of mineral wealth has been re-invested into the local economy in the form of speculative real estate ventures, creating hundreds of …
China’s Hainan Cuts Down Payment for First-Home Buyers
China’s southern province of Hainan moved to cut down-payment ratio for first-time homebuyers, the latest region in the country to ease mortgage policies to boost slumping home sales.Minimum down …
Royal China site to finally get cleanup
SEBRING − The former Royal China property is one of nearly 3,240 brownfields registered across Ohio. It has remained an eyesore for decades. Later this month, the Mahoning …
One of the World’s Most Expensive Luxury Property Markets Is Becoming a Lot Cheaper
China’s economic slowdown is wreaking havoc on Hong Kong’s luxury property market.The most expensive homes in the city are changing hands at steep discounts to what they were worth just a few years …
China state banks earmark over $11 billion for property projects
The banks are heeding Beijing’s call to boost lending to the beleaguered housing market. Read more at straitstimes.com.
A broke Chinese real estate developer left Los Angeles with empty, graffiti-covered towers and a billion-dollar bill
The Los Angeles City Council has agreed to spend millions to secure Oceanwide Plaza, an abandoned real estate project taken over by graffiti artists.
ADVERTISEMENT
