China Vice Premier Liu He joined the chorus of cautious optimism from the global elite in Davos by projecting that the world’s second-largest economy will normalize as Covid restrictions ease.
Tagged By property
China property sector’s drag on economic growth in 2023 lower than 2022
The Chinese property sector’s drag on economic growth will be significantly lower than 2022, and demand for genuine and improved housing is huge, which will effectively support the industry, Kang Yi, …
China’s 2022 property investment falls for first time since 1999
China’s property investment fell 10.0% year-on-year in 2022, the first decline since records began in 1999, compared with a decline of 9.8% in the first 11 months of the year, official data showed on …
Florida real estate bombshell could destroy a lot of wallets
Will Florida’s newly-passed condo reserves law help save lives or bring pain to homeowners’ wallets? Market experts Joe Pinion and Mitch Roschelle weigh in.
House price slump in China shows no sign of abating as more cities record falls in December
New home prices fell for the 16th straight month in December. While new home prices slipped 0.25 per cent, lived-in homes saw a steeper decline at 0.5 per cent, according to the National Bureau of…
China bad-debt firms plan property support of up to 160 billion yuan
CHINESE financial regulators and the nation’s biggest bad-debt management companies plan to offer as much as 160 billion yuan (S$31.4 billion) of refinancing support to high-quality developers in the …
Painful as it is, China must rid its economy of an ever-rising property market
Mainland developers have seen their share prices surge recently on rumours that the government plans to revive the property market. This worries many analysts who had assumed Beijing was serious …
China’s December home prices fall, more supportive policies likely
BEIJING: China’s new home prices fell again in December as COVID-19 outbreaks hurt demand, with Beijing expected to roll out more measures to help sustain the recovery after the dismantling of …
China’s December Home Prices Decline Further, More Cities Record Falls
China’s new home prices fell for the fifth straight month in December as COVID-19 outbreaks hurt demand, but the dismantling of strict pandemic curbs and hope for more support measures have brightened …
China property crisis: Beijing drafts 21-point plan to aid developers with financing, debt extensions, state media says
A 21-task action plan aims to deliver US$67 billion in financing and other measures to ease the liquidity crunch for unnamed developers Beijing deems to be of ‘good quality’, Xinhua reports.
China relaxes ‘red lines’ on property sector borrowing in policy pivot
China will ease its “three red lines” policy restricting borrowing by property developers, a central bank official said Friday, as part of a plan to help the embattled industry. Zou Lan, head of the …
Wanda Raises $400 Million in Dollar Bonds in Milestone for China Property Sector
Dalian Wanda Commercial Management raised $400 million in a U.S. dollar bond, a term sheet seen by Reuters showed, in the first publicly sold dollar bond by a Chinese property-related firm since late …
Wanda raises $400 mln in dollar bonds in milestone for China property sector
Dalian Wanda Commercial Management raised $400 million in a U.S. dollar bond, a term sheet seen by Reuters showed, in the first publicly sold dollar bond by a Chinese property-related firm since late …
