As more profits flow from overseas subsidiaries, a measure of total income earned by a country’s citizens and companies worldwide. China’s gross national product, or GNP, may eventually outpace its …
Tagged By property
China’s new home prices fall at fastest pace in 11 months
China’s new home prices fell at the fastest pace in 11 months in September, worsening the property sector’s drag on broader economic growth as policymakers struggle to revive the flailing market.
China’s economy slows as trade war, weak demand highlight structural risks
China’s economic growth slowed to the weakest pace in a year in the third quarter as fragile domestic demand left it heavily reliant on the humming of its exporting factories, stoking concerns about …
China Home Prices Drop Faster Even as Top Cities Ease Rules
China’s home prices fell more steeply in September, despite recent easing measures introduced by major cities to revive the struggling property market.
China’s economy grows 4.8% in the third quarter as expected but property slump deepens
Industrial production grew by 6.5% year-on-year in September, faster than the 5% forecast and 5.2% growth in the prior month. BEIJING — China’s economy expanded by 4.8% in the third quarter from a …
China’s property market poised to decline at least through 2026, S&P analyst says
Nationwide primary property sales are expected to fall 8 per cent in 2025 and between 6 to 7 per cent in 2026.
IMF says China must shift growth to domestic demand, resolve property crisis
China must rebalance its economic growth model towards domestic demand, which has been weak for some time due to the country’s property bust, the International Monetary Fund said on Tuesday, …
IMF says China must work to boost domestic demand, property sector still an issue
China must rebalance its growth model towards domestic demand, which has been weak for some time due to the country’s property bust, the International Monetary Fund said on Tuesday, emphasizing a …
Property developer Sunac China says most creditors approve restructuring plan
(Reuters) -Sunac China said on Tuesday its offshore debt restructuring plan was approved by a majority of creditors at a court-convened meeting in Hong Kong. The property developer said 98.5% of …
China Vanke’s former CEO placed under criminal compulsory measures, Yicai reports
Zhu Jiusheng, former CEO of property developer China Vanke, has been placed under criminal compulsory measures, Chinese media outlet Yicai reported on Tuesday citing sources, though it provided no …
China’s property slump this year is looking much worse than expected, S&P says
China’s real estate market is on track to drop more than previously expected this year due to the lack of government support, S&P Global Ratings said.
-China’s Aug property investment growth hits 16-mth high
China’s real estate investment rose at the fastest pace in 16 months in August, supported by robust sales, as the property market helped underpin the post-COVID economic recovery.
China’s Golden Week holiday spending dips in latest red flag for economy
By Sophie Yu and Brenda Goh BEIJING/SHANGHAI (Reuters) -Chinese holidaymakers’ average spending dipped to a three-year low over this year’s eight-day Golden Week holiday, dashing hopes that a domestic …
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