China expanded a public real estate investment trust pilot program to include more types of commercial properties, a move aimed at supporting the nation’s consumers that is likely to also help out …
Tagged By property
Shanghai targets 5% growth in property investment in 2023
BEIJING (Reuters) – China’s financial hub Shanghai has a goal of 5% growth in property investment in 2023, the city’s house management bureau said on Friday, after investment in the city’s property …
Evergrande restructuring is a warning to China’s other creditors
China Evergrande has finally laid out a debt-restructuring plan for its offshore creditors. The pain for its long-suffering debt investors, however, isn’t over yet. That also gives a warning to owners …
Why China’s COVID Comeback Is Still In The Early Innings, With Upside Ahead
given that the finances of so many local entities are already stressed from the burdens of financing years of COVID containment amid declining revenues from property sales. Further, China’s fabled …
Evergrande debt revamp plan fails to cheer investors, property stocks fall
China Evergrande Group’s debt restructuring proposal, a test of investor sentiment towards the battered property sector, failed to impress because of its long repayment period and lack of enough …
China property stocks fall after Evergrande debt revamp plan
HONG KONG, March 23 (Reuters) – China Evergrande Group’s (3333.HK) long-awaited offshore debt restructuring proposals failed to address investor concerns about the property sector’s prospects, sending …
China Evergrande’s EV unit warns it may halt production amid funds shortage
The EV unit is key for the transformation plans of Evergrande, once China’s top-selling property developer and now at the center of a deepening debt crisis. Shares of the unit have been suspended …
China Evergrande offers bond and equity swaps in debt restructuring
China Evergrande Group (3333.HK) on Wednesday announced plans for the restructuring of its $22.7 billion in offshore debt, which could set a template for distressed rivals and shape investor sentiment …
Cleanup at Sebring’s Royal China property to begin in summer
SEBRING − State and local officials expect the former Royal China property to be cleaned and redeveloped within a few years. “This is real. This is happening,” said Debora Flora, executive director of …
US needs to stop China and here are the best ways to do it
In states like Michigan, where manufacturing accounts for hundreds of thousands of jobs and billions of dollars in economic impact, the trade deficit with China is devastating. It also increases …
China’s property market heading for solid recovery, healthy development
BEIJING — China’s property market has seen a strong recovery after a tough year in 2022, as the economy logged palpable expansion at the beginning of 2023 and an array of policies to shore up…
China’s Purchases of U.S. Land Stoke Bipartisan Panic, Just Like Japan’s Did In the 1980s
China may indeed have designs on stealing American security or trade secrets, but those concerns can be mitigated without an outright ban on property ownership. Not to mention, any further efforts to …
Value Partners Turns Away From China’s Soured Property Debt
An investor that profited from the aftermath of China’s first dollar bond default by a developer nearly a decade ago is turning its back on the nation’s distressed property debt, after losing more …
