Last year, China scrapped a nationwide mortgage rate floor for individual homebuyers, seeking to bring down borrowing costs. The central bank then let the local interest rate self-discipline system, a …
Tagged By property
Fixing China’s real estate sector is critical for economic recovery: CIO
George Maris of Principal Asset Management discusses the challenges in investing in China, and the need for more ‘targeted’ policy support to encourage domestic consumption.
China industrial output, property sector slowed in October
The latest data out of China show industrial production slowed last month, while investment in real estate development plunged.
REUTERS NEXT – DBS CEO Sees Tech-Led Growth in China Despite Property Slowdown
SINGAPORE (Reuters) – China’s push into deep technology and artificial intelligence is creating pockets of growth despite an uneven recovery in its property sector and subdued consumer sentiment, DBS …
Evergrande liquidators set November-end deadline for bids on property services unit
Liquidators caution that the sale of Evergrande Property Services is at a preliminary stage and many of the details have yet to be finalised.
China’s October New Home Prices Fall at Fastest Pace in a Year
BEIJING (Reuters) -China’s new home prices fell at their fastest pace in a year in October, official data showed on Friday, highlighting persistently weak demand in the crisis-hit property sector.
China Home-Price Slump Deepens as Stimulus Fails to Halt Slide
China’s home-price slump worsened in October, ending a traditionally peak sales season with a weak reading as recent loosening measures failed to revive the moribund market.
China to expand white list mechanism to stabilize property sector
BEIJING – China will expand its “white list” mechanism to ensure that all eligible property projects have access to financial support.
China leads global patent race in 2024, filing nearly half of world total
China filed 1.8 million patent applications in 2024, almost half of the world’s total, with most coming from local innovators; the US ranked second, followed by Japan …
China ‘Singles’ Day’ Sales Show Modest Growth Amid Soft Consumer Demand
A major shopping event in China showed sales improved but not enough to dispel concerns that tepid consumer spending will continue to drag on the economy.
DBS CEO sees tech-led growth in China despite property slowdown
China’s push into deep technology and artificial intelligence is creating pockets of growth despite an uneven recovery in its property sector and subdued consumer sentiment, DBS Group Chief Executive …
China needs its youth to spend but they are embracing frugality
China is facing a number of economic challenges and its government wants the next generation of consumers to start spending more for the good of all, but it is not having much luck convincing them…
How Chinese Real Estate Became the Biggest Bubble in History
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world …
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