Home Market Surged Last Year, Australia Is the No. 1 Country for Chinese Home Buyers Looking Abroad, and More Super-rich home buyers couldn’t get enough of London last year, according to a wealth …
PROPERTY
Year in Review: China’s Property Market at a Turning Point
For 20 years, the real estate sector was a major driver of China’s economic growth. But in 2022 it became a drag amid an unprecedented crisis in credit, confidence and liquidity. In the first three…
China’s holiday home sales rise 27.1% y/y – private survey
Chinese new-home sales rose more than 20% year-on-year over the three-day New Year holiday starting from Dec. 31, due to promotions, support policies taking effect and the gradual release of pent-up …
Asian property: four themes to watch in 2023 as China reopens
Link Reit’s purchase of two shopping centres in Singapore highlights themes that will become more pronounced this year Asian real estate could be a relative bright spot if China’s abrupt reopening …
China’s Economy Likely Contracted Last Quarter, Beige Book Says
China’s manufacturing, services and property sectors all weakened sharply in the fourth quarter due to Covid disruptions, resulting in a potential contraction in the economy in the final months of the …
The year when strain in China-US ties divided the world right down the middle
European leaders should brace themselves in 2023 for further US efforts to bring the Europeans on side with the new regime.
Talking Markets: China’s Real-Estate Recovery May Take Longer to Emerge
China’s embattled property market is seeing some green shoots of recovery, but the sector may have to wait longer for a revival in investor confidence.
China real estate is still overvalued, says Ariel’s Charlie Bobrinskoy
Charlie Bobrinskoy, Ariel Investments, joins ‘Closing Bell’ to discuss real estate in China and the final trading day of the year. Like us on Facebook to see similar stories Please give an overall sit …
China’s metal factories cut production on poor outlook
Shrinking orders at home and abroad are forcing many metal goods factories in China’s southern Guangdong province to shut for the Lunar New Year holiday weeks earlier than usual, while some are also …
China’s property investment down in Jan-Nov
China’s investment in property development went down 9.8% year on year in the first 11 months of 2022, data from the National Bureau of Statistics (NBS) …
China Fortune Land sells property units to CR Land in debt restructuring
China Fortune Land Development Co has agreed to sell equity interest and debt in four property units worth 12.4 billion yuan ($1.8 billion) to a unit of China Resources Land Ltd (CR Land), the …
China’s $1.3 Trillion Crackdown Isn’t Making Housing Affordable
China’s unprecedented $1.3 trillion crackdown on its frothy housing market has largely achieved its goal of lowering risk after kneecapping the country’s over-leveraged develo …
Top 10 Stories of 2022: China’s Latest Land Purchase Could Pose Major U.S. Security Risk
That’s how we compete with China.” While China raises concerns over American boots on the ground in Asia, the country continues to grow its own footprint in the U.S. USDA’s latest data shows China …