BEIJING: China’s new-home prices in April fell for the first time month-on-month since December, official data showed on Wednesday, depressed by fragile demand in small cities and strict, widespread …
PROPERTY
China Home Prices Drop for Eighth Month During Lockdowns
China’s home prices fell for an eighth month in April as measures to alleviate the real estate downturn failed to revive buyer confidence amid Covid outbreaks.
China’s government offers some help to the battered real estate sector, which is in desperate need of reform
On April 29, Xí Jìnpíng 习近平 led a meeting of China’s top leadership body, the Politburo, that signaled a policy shift towards its battered property sector, encouraging local governments to “optimize …
Steel Demand Is Taking A Beating As China Lockdowns Persist
Ongoing lockdowns in China are weighing on steel demand, which is, in turn, pushing prices drastically lower from April highs …
China’s Property Down Cycle Worsened By Lockdowns
China’s investment in real estate development declined while property developers’ contract sales fell significantly last month as the country’s p …
China calls on property POEs to revive bond mart
Three privately-owned Chinese real estate companies are planning new onshore bond sales. There are also hopes that some domestic deals could benefit from credit protection tools issued by their lead …
China’s cyber espionage focus: intellectual property theft
The theft will allow the government of China to parcel out the stolen intellectual property to the Chinese entities, both private and state-owned enterprises for exploitation. This exploitation can be …
China Offers Property-Buying Perks to Families With Three Kids
Chinese cities are making it easier for families with more children to own multiple properties, as authorities struggle to revive the housing market and boost birth rates.
China’s Developers Slash Investment for First Time Since 2020
China’s real estate industry continued a slump with investment in property development falling 2.7% in the first four months of the year, reflecting the impact of the worst Covid outbreak in two years …
China asked three leading property developers to issue bonds this week – sources
Three leading Chinese property developers were asked by authorities to issue bonds this week as an effort to boost market sentiment, two sources with direct knowledge said on Monday.The authorities …
Property sales in China post steepest drop in April since 2006
China’s property sales in April fell at their fastest pace in around 16 years as COVID-19 lockdowns further cooled demand despite more policy easing steps aimed at reviving a key pillar of the world’s …
Microsoft hires up in China for secretive, ‘revolutionary’ real estate project
Microsoft is quietly doubling down on its controversial presence in China as it hires staff for a major real estate project that the company is advertising to locals as “revolutionary,” The …
China asked 3 property developers to issue bonds this week – sources
Three major private Chinese property developers who are financially healthy were asked by the authorities to issue bonds this week to help boost market sentiment, two sources with direct knowledge of …