Panelists Joe Concha and Mark Simone provide insight on U.S. national security on ‘Kudlow.’
PROPERTY
Real estate made China rich. Now it’s looking more like kryptonite.
Chinese house prices dropped the most in eight years last month, in a sign a key engine for the world’s second-largest economy is still sputtering.
Asian stocks fall as China’s property pains weigh on sentiment
Asian stocks fell on Thursday pausing the heavy gains made this week, as fresh Chinese data showed prolonged weakness in the property sector and dented some of the recent optimism about a recovery in …
China property: Moody’s downgrades Longfor’s credit rating to below investment grade
Home sales at the country’s top 100 developers slumped by 27.5 per cent year on year in October to 406.7 billion yuan (US$56 billion), according to data compiled by the China Real Estate Index System.…
No end in sight to China’s property crisis as new home prices post sharpest decline since February 2015
Home prices in major Chinese cities fell for the fourth straight month in October, recording the steepest drop in nearly nine years amid slumping demand.
China Property Slump Deepens as Beijing Mulls More Stimulus
The contraction in China’s home sales and property investment both deepened in October, a steeper downturn that may push the government to do more to shore up the struggling housing market.Investment in property development fell…
China’s economic recovery uneven in October as property downturn continues, but retail sales rise
China’s mixed economic data in October pointed to an uneven and precarious recovery, with Beijing needing to scale up its basket of supportive policies in the face of persistent headwinds in the property market,
China’s unfinished property projects are 20 times the size of Country Garden
The size of unfinished, pre-sold homes in China is about 20 times the size of developer Country Garden as of the end of 2022, Nomura analysts said.
China Mulls $137 Billion of New Funds to Aid Troubled Housing Market
Bloomberg has learned that China plans to provide at least 1 trillion yuan ($137 billion) of low-cost financing to the nation’s housing program. This would mark a major step-up in Beijing’s effort to boost economic…
China retail sales, factory output grow more than expected in October
Chinese shoppers are spending more again, new data from China’s National Bureau of Statistics (NBS) shows, but it won’t necessarily mean a big boost for the economy.
China’s Jan-Oct property sales fell 7.8% y/y, investment down 9.3%
Property sales by floor area in China fell 7.8% year-on-year in January-October, compared with a 7.5% slide in the first nine months of 2023, suggesting China’s property sector is yet to emerge from …
Vanke Bonds Volatility Underscores China Property Debt Contagion
China Vanke Co.’s recent scramble encapsulates Chinese property debt investors’ fickle sentiment as they try to decode hazy government reassurances amid the industry’s freefall.
China’s new real estate model to be built on ‘3 major projects’, with cheaper property for urban migrants and young adults
Authorities intend to renovate urban villages and create more emergency facilities as ‘high-quality development’ is prioritised Reworked model comes as major property developers continue to face a …
