China’s fragile housing market opened this year with slower declines in property investment and sales, buoyed by government efforts to arrest a protracted downturn in the sector, however, analysts …
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China’s property crisis deepens as housing sales plummet
China’s property crisis deepened last month as housing sales plunged and builders cut back on new developments.
China’s Real-Estate Market Just Set a Record—but Not a Good One
Secondhand home prices in the most developed cities saw their the worst decline since the government started releasing data in 2011, suggesting China’s real-estate slump shows no signs of losing steam …
S&P puts property giant China Vanke on downgrade warning
There was more bad news for the Chinese property sector on Friday, as credit rating agency S&P Global put one of the country’s biggest developers, China Vanke , on a downgrade warning.
Iron Ore Drops Below $100 on China’s Persistent Property Crisis
Iron ore futures fell below $100 a ton for the first time in seven months as investors bet that China’s years-long property crisis will run through 2024, keeping a lid on steel demand.Most Read from…
China’s housing crisis: Chinese home prices fall in February as property woes deepen
China’s housing market displayed continued weakness in February, with new home prices declining for the eighth consecutive month, according to official data released on Friday.
Latest on China Property Crisis: Debt Woes Deepen at Country Garden
Country Garden missed a local bond payment—the latest difficulty for a giant once seen as among China’s strongest property developers, but which has been pushed to the brink by the country’s …
China is sending a harsh message to its struggling property developers: ‘They will be made to pay the due price’
When the Chinese government started cutting off debt financing to the country’s massive property developers in 2020, it sent the $5 trillion real estate sector into a tailspin.
China property crisis: Minister says ‘seriously insolvent’ firms must go bankrupt
Chinese real estate companies that are “seriously insolvent and have lost their operating capabilities” must go bankrupt and reorganize, the country’s housing minister said during a press conference.
China’s Property Bubble Popped. These Cities Are Taking the Brunt.
The number of completed but unsold homes are in the millions, with one housing official saying billions could be possible.
China ready to let some troubled property firms go bust: housing minister
Beijing will strive to stabilise China’s property market in the midst of a debt crisis and “systemic risks”, while allowing some troubled real estate developers to go bankrupt or be restructured, the …
Yi Gang Proposes Plan to Help China Real Estate Developers Access $139 Billion
China’s former central bank governor Yi Gang has suggested a new way for Chinese real estate developers to use pre-sale funds, which could help the country’s ailing property market.
Why China’s Property Downturn Has a Silver Lining for Consumption
Some economists argue falling home prices allow families to save less and spend more. But a lack of confidence in growth may be holding back spending.