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 …
PROPERTY
China’s Property Slowdown Sends Bank Shares Tumbling
Shares in China’s privately run banks have fallen sharply this year, as the country’s property slowdown starts to bite.
China’s $90 billion property crisis: 4 important lessons we can learn from in Singapore
China’s developer crisis has wiped out around US$90 billion (S$125 billion) in market value, and home prices there have fallen for 11 straight months.It’s often a shock to the public when this happens …
Can China’s real estate crisis crash the global economy?
Chinese real estate bubble is finally bursting. People are hitting the roads in protests while the government is trying hard to douse the flames. Here’s an insight into the brewing crisis in China …
China’s real-estate economic slump threatens Xi’s aspirations for third term in power
In an attempt to revive the economy hurt by real estate debt problems the Chinese central bank announced a sudden strong interest rate cut which has given a se …
Impact Of China’s Drought Is Small Compared To Its Real Estate Crisis
Heatwaves and little rainfall in some parts of China have caused drought in the southwestern Chinese province of Sichuan, which greatly relies on hydroelectric power. Read more.
Why the property crisis in China is a threat to its wider economy
The recent spate of mortgage strikes by homebuyers across China has exposed the risk that has accumulated in the market as it has developed over the past two decades. The mortgage strikes started …
Property market in a tough place but China’s current growth rate is enough for employment: Strategist
Duncan Wrigley, chief strategist at Everbright Securities, talks about China’s growth rate and says electric vehicles and the energy sector have strong prospects.
China begins probes into four current and former SOE property bosses
Reuters could not immediately reach the four men for comment. The news comes as China grapples with a property crisis that has been a drag on its economy for the past year. C&D International …
China begins probes into four current and former SOE property bosses
Reuters could not immediately reach the four men for comment. The news comes as China grapples with a property crisis that has been a drag on its economy for the past year. C&D International …
China property crisis: why the housing market is collapsing – and the risks to the wider economy
China has been trimming interest rates recently – in contrast to other major economies – as it tries to stem the economic effects of its zero-COVID policy and address a growing property crisis. The …
China’s property market is in freefall. What does this mean for the world economy?
The sector is dangerously overheated – but unlike the 2008 financial crisis, the global ripple effect is likely to be limited, says professor of economics Keyu Jin …
The crisis brewing in China is likely to affect everyone
The unravelling of its real estate sector after decades of debt fuelled growth may have major knock-on effects …