BEIJING, Jan 20 (Reuters) – China’s real estate investment rose 6.9 percent in 2016, official data showed on Friday, as national sales posted their strongest annual growth in seven years thanks to a furious property…
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China 2016 property investment rises 6.9 pct y/y, sales jump to 7-year high
Chinese 2017 growth in question with the arrival of Trump, the property market cooling and currency still unsettled
Such a strategy cannot last forever,” he added, while anticipating slower growth in 2017, mainly dragged down by property and automobile sales. Macquarie bases China’s better-than-expected growth in 2016 on 22 per cent growth in…
Apple’s legal battle with Qualcomm reaches China
Apple has filed two lawsuits against Qualcomm in China, extending a legal battle with its longtime chip-supplier into the world’s biggest market for smartphones. The suits, which Apple said it filed on Monday in Beijing’s…
China should cap new home prices to avoid 'severe' problems – state researcher
BEIJING China should urgently solve problems in its property market by putting a cap on the prices at which new homes are sold, a researcher for the cabinet was quoted as saying on Wednesday by…
Many Chinese travelers hunting for UK property
“Chinese New Year provides prospective investors with the time to travel and explore the Manchester market before making final property purchases,” he said. “We expect buyers from China to take this opportunity and believe that…
Chinese New Year tipped to bring property buyers from China to Melbourne
CASHED-up property buyers from China are expected to flock to Melbourne next week, as Saturday’s Chinese New Year kicks off one of their peak househunting periods. Australia, and Melbourne in particular, are tipped to be…
Is China Starting to Worry About Their Property Market?
Jan.25 — James Cheo, Bank of Singapore investment strategist, discusses the outlook for China’s economy with Bloomberg’s Rishaad Salamat on “Bloomberg Markets.” ( read original story …)
Two China trusts report toll on numbers
CapitaLand Retail China Trust (CRCT) said income and distribution grew in yuan terms, but fell when converted to Singdollar. The trust’s net property income for the fourth quarter rose 6.5 per cent year on year…
China turns to blockchain to make markets clearer and cleaner
Beijing wants banks to adopt the technology to help combat chronic fraud such as fake trade finance deals. Banks including Ping An Bank and Bank of China have unveiled blockchain investments and projects, and around…
Entry-Level China Mobile M561Y with YunOS spotted on TENAA
Chinese state-owned mobile telecommunications company, China Mobile has a new entry-level smartphone in the works, which would be released under the ‘China Mobile’ brand. The device was spotted on Chinese certification agency (TENAA) with the…
Ericsson and China Mobile pilot cellular IoT network
Ericsson and China Mobile have partnered on a trial of a cellular IoT network in Shanghai. The focus of the test was to enhance the experience of customers of Mobike, a popular Uber-like bike-sharing service…
Alibaba's Ant Financial in overseas push with MoneyGram deal
“I expect to see the ever increasing convergence of fintech and the more traditional financial services sector.” REMITTANCES ‘A REALLY INTERESTING BRIDGE’ China’s financial technology companies are on the rise, boosted by rapid digitization and…
China to be world’s ‘anchor of stability’ to counter rising protectionism: Li Keqiang
Premier Li Keqiang pledged that China will give the world “an anchor of stability” by maintaining domestic reform and championing economic openness, putting on a brave face to counter the rising tide of protectionism started…
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