China’s factory output and retail sales grew at a faster pace in August, but tumbling investment in the crisis-hit property sector threatens to undercut a flurry of support steps that are showing signs of stabilising…
PROPERTY
China’s Property Slump Takes Center Stage
Summary China’s economic performance has been extremely disappointing since the lifting of lockdowns late last year. While diverse, much of the financial stress and deepening economic weakness can be …
China to Avoid ‘Lehman Moment’ Despite Property Woes, Goldman Says
NEW YORK (Reuters) – The Chinese government’s support of banks hit by property woes will enable it to avert a financial crisis like the one in 2008 that was precipitated by the downfall of U.S.
Moody’s cuts China property sector’s outlook to negative
(Reuters) – Moody’s on Thursday cut China’s crisis-hit property sector’s outlook to negative from stable, citing economic growth challenges the ratings agency said would dampen sales despite …
China Property Crisis Another Blow To Global Travel
As a professor of marketing who specializes in consumer psychology, I’m interested in how China’s struggling real estate sector is dragging down consumer spending – and having an effect on tourist …
Column-Iron Ore Price Rallies on China Fundamentals, but Cap Looms: Russell
Iron ore futures traded in Singapore ended at $121.13 a metric ton on Wednesday, the highest since April 11 and up 17.4% from the recent low of $103.21 on Aug. 3.
Iron Ore Declines as Data Shows China Property Concerns Persist
Iron ore fell for the first time this week as a lull in China’s property sector persists, with fresh data showing a recent spurt in home sales in its capital losing momentum.
China policy actions lift property stocks and bonds while funds view sector as prime source of global credit event
An index tracking major mainland property stocks has risen 5 per cent this month, following a 13 per cent slump in August Global fund managers overseeing US$616 billion of assets rank China’s property …
China’s top-500 list of private firms is missing some big names, as profits fell and property developers tanked
Eight more private developers have exited the semi-official annual list by the All-China Federation of Industry and Commerce, and an e-commerce giant has retained the No 1 spot.
Why China’s real estate crisis should make the global travel industry nervous
One major – if indirect – reason China’s real estate industry is so shaky is that local governments are heavily dependent on tax revenue from land sales, as well as property taxes and real estate…
Navigating China’s Property Market
Summary A rebound in the Chinese property sector, spurred by the post-COVID reopening and government support, was short lived. The prospect of a broad recovery in 2023 seems unlikely due to high …
China Property Jumps to Top Credit Risk in Bank of America Global Survey
(Bloomberg) — Chinese real estate is now seen as the number one source for the … Over Past Relationships With Colleagues The ratio of investors concerned about China’s housing sector more than …
China property crisis: Country Garden gets creditor approval to delay 6 bond repayments by 3 years as debt-saddled developer breathes again
It got the approval of creditors who voted to delay the repayment of six of eight onshore bonds for three years, according to people familiar with this matter It comes after the home builder narrowly…
