Country Garden, which for years ranked as China’s top real-estate developer, reported a 96% drop in first-half profit and said the market has struggled with sluggish demand and declines in property …
PROPERTY
‘Only the fittest can survive’, says China property giant Country Garden after reporting 96% fall in profit
Hong-Kong listed property developer Country Garden Holdings blamed the “severe depression” in the crisis-hit property market for its 96% drop in …
China’s Property Market Has Slid Into Severe Depression, Real-Estate Giant Says
Country Garden, which for years ranked as China’s top real-estate developer, reported a 96% drop in first-half profit and said the market has struggled with sluggish demand and declines in property …
‘Only the fittest can survive’, says China property giant Country Garden after reporting 96% fall in profit
Hong-Kong listed property developer Country Garden Holdings blamed the “severe depression” in the crisis-hit property market for its 96% drop in …
China’s intellectual property landscape is maturing
At first glance, Manolo Blahnik’s recent intellectual property victory in a Chinese court signified a maturing landscape for foreign companies in China. The shoemaker was a victim of China’s infamous …
As China’s property crisis grows, is the global economy at risk?
China’s house prices are falling as Beijing reins in sector, raising fears for economic growth at home and globally.
As China’s property crisis grows, is the global economy at risk?
China’s house prices are falling as Beijing reins in sector, raising fears for economic growth at home and globally.
China’s biggest property developer Country Garden sees profits plunge 96%
The company blames the ‘severe depression’ in the property market and says ‘only the fittest will survive’ …
China’s biggest property developer Country Garden posts almost 100% slump in profit
Unlike its largest peers, Country Garden focuses on the lower end of the market, making it more vulnerable to weakening demand from homebuyers during a slowdown.
China property crisis: Is the global economy at risk?
China’s house prices are falling as Beijing reins in sector, raising fears for economic growth at home and globally.
China Bad Debt Managers See Earnings Tank on Property Losses
China Huarong Asset Management Co. and China Cinda Asset Management Co., the nation’s two largest state-owned distressed debt funds, reported a slump in first-half earnings as credit impairments …
China dispatches ministers to oversee economic recovery as property slump, drought add to risks
China sent high-ranking officials, including central bank governor Yi Gang and several cabinet ministers, across the country to supervise implementation of stimulus policies.
China’s property-driven growth model is broken
China’s property-driven growth model, which has powered the global economy for at least two decades, is looking increasingly broken. Fixing it — or finding alternative engines for the world’s …