The average Chinese citizen is much better off today than four decades ago when the country’s economy was mired in stagnation.
Tagged By property
US bill takes aim at state laws restricting property ownership by citizens from China and elsewhere
In response to recent bans like Florida’s, two Democrats in Congress offer legislation pre-empting any American state or territory that impedes property purchase based on one’s citizenship.
China new home prices growth to narrow in 2023: Reuters poll
China’s new home prices will see a slower growth this year, according to a Reuters poll, suggesting pent-up demand after the country’s economic reopening is fading though a slew of stimulus policies …
Bill that set out to restrict Chinese property ownership dies in Texas House
The bill, introduced in December by Republican state Sen. Lois Kolkhorst, originally aimed to ban all property ownership by citizens of North Korea, Iran, Russia and China, making no exceptions for …
China can overtake US as world’s biggest economy by 2035: Former IMF deputy chief
He noted that China’s per capita GDP is just a quarter that of the US, with enormous room to improve individual lives. Read more at straitstimes.com.
BHP Confident China Property Recovery Will Boost Metals Demand
BHP Group Ltd. is confident China’s troubled property market will turn around in coming months, despite gloomy economic signals pushing iron ore and copper prices back to levels last seen during the …
A Texas Bill That Would Have Banned Chinese People From Owning Property Has Failed
A bill that would have banned people from China and three other countries from owning property in Texas failed to reach the House floor, with its death a huge relief to the states …
Chinese citizens in Florida sue state over property ownership ban
The law, SB 264, prohibits people whose “domicile” is in China and who are not U.S. citizens or permanent residents from purchasing property in Florida. It also requires they register property they …
Chinese citizens sue Florida over ‘xenophobic’ property ownership ban
Chinese Floridians and a real estate firm sued the state over a Gov. Ron DeSantis law they say puts “draconian restrictions” on people from China.
European homebuyers outperform China in Australia’s property market
New data has revealed the top seven countries vying for Australia’s affluent property market, with international homeowners from one continent unexpectedly taking out the top spot.
China’s pique: Cultural misperceptions feed hostility with U.S.
On the current course, a clash between the United States and China seems inevitable unless profound changes are made.
Vanke among three major Chinese property developers that are a step closer to selling shares under Beijing’s ‘three arrows’ rescue plan
Vanke, Poly Developments & Holdings and China Merchants Shekou Industrial Zone Holdings are leading smaller developers in the new A-share placements process so far “If A-share placement plans are …
Florida’s Restrictions on Property Purchases by Chinese Citizens Hark Back to a Dark History of Xenophobia
and North Korea as well as China. If they hold non-tourist visas, those people are allowed to buy one residential property in Florida, provided it is less than two acres and is not within five…
