China’s economy showed surprising resilience in August, with faster-than-expected growth in factory output and retail sales shoring up the recovery from the effects of COVID and heatwaves, but a …
PROPERTY
China’s property crisis hasn’t gone away: it is getting worse
Our reporting shows how bad the crisis has become. The frenetic pace of house building used to be emblematic of China’s rise. Now confidence in the model has collapsed. Buyers are dropping out, …
China property shares rally on hopes of more relaxation measures
Shares of Chinese property developers rallied on Thursday on hopes that cities in the mainland will roll out more relaxation measures to boost the embattled sector.
China’s Guangzhou city allows developers cut home prices by 20% -Yicai
Guangzhou city has allowed property developers to reduce sale prices of homes by as much as 20 per cent compared with 6 per cent previously, financial news outlet Yicai reported on Thursday, in what …
WH’s Kirby Asked About China Buying Up Land Near U.S. Military Bases: I’m Not The Right Person To Ask About This
National Security Council coordinator for communications John Kirby was asked at Tuesday’s White House briefing if the Biden administration is concerned that China is buying land near U.S. military …
China property crash not as bad as ‘alarmist’ predictions
Australia’s top diplomat in Beijing has rejected “alarmist” predictions over the demise of China’s residential property sector, saying financial markets can absorb defaults.
China rolls out property policies across nation to fix slump – Bloomberg
A flurry of Chinese cities are rolling out measures to boost housing demand, signaling the government’s intention to arrest a property crisis,” reported Bloomberg during early Wednesday morning in …
China trickles out property policies to fix slump
A flurry of Chinese cities are rolling out measures to boost housing demand, signalling the government’s intention to arrest a property crisis.
China rolls out property policies to boost demand to fix real estate crisis
A flurry of Chinese cities are rolling out measures to boost housing demand, signaling the government’s intention to arrest a property crisis.
China’s property bust holds lessons for India
China’s property market is in its worst slump since private property markets were created in the country in the mid-1990s. Sales are stuck at 80 per cent of the pre-pandemic levels and, while they may…
Struggling real estate sector weighs on China’s property-driven growth model
More than 30 Chinese real-estate companies, including China Evergrande Group and Shimao Group, have defaulted on their international debt.
China property developers’ struggles make waves that threaten to swamp upstream and downstream suppliers
Two-thirds of major listed companies in closely aligned sectors such as construction reported falling first-half profits, with half swinging from profit to loss.
What’s next for China property in five BI charts
We ask some of the major questions facing China’s beleaguered property sector — are there signs of a turnaround? What’s the impact of mortgage boycotts? What are the potential policy options?