China’s started the year already in deficit for the first time since 2020, with weak land sales due to the real estate slump slashing government revenue. The broad deficit in the budgets for all …
Tagged By property
China’s real estate showing signs of recovery
BEIJING: China’s property market is showing some early signs of stabilisation this year after the government increased support for cash-strapped developers and loosened home purchase restrictions to …
China’s home price uptick points to stabilizing property sector
China’s property market went through a tough year in 2022, pounded by factors such as COVID-19 resurgences, dented market confidence and shrinking demand. As a “pillar” of the economy, the property …
State Senate Seeks to Fast-Track Curbs to China Land Purchases
While China is the primary focus of Collins’ proposal … discriminatory situation “for individuals who are here in this country who want to purchase property.” Collins said the intent is to …
2nd LD-Writethru-Economic Watch: China’s home price uptick points to stabilizing property sector
China’s property market went through a tough year in 2022, pounded by factors such as COVID-19 resurgences, dented market confidence and shrinking demand. As a “pillar” of the economy, the property …
Ping An adds property assets to investment portfolio, steers clear of developers after painful China Fortune Land experience
Ping An Insurance (Group), China’s largest insurer, has increased its investments in rental income property while cutting exposure to developers after taking a massive hit on China Fortune Land …
China’s property market shows early signs of recovery after slump
The value of housing sales snapped more than a year of falls to post a small gain in the first two months of this year, while prices of second-hand homes and most new housing in…
China’s yuan firms on signs of property sector stabilizing
SHANGHAI, March 16 (Reuters) – China’s yuan strengthened on Thursday, as signs the country’s property market is stabilizing raised expectations of a broader economic recovery after Beijing dropped its …
China new home prices rise in February but unsold homes cloud outlook
China’s home prices gained momentum nationally in February, rising for a second consecutive month driven by pent-up demand even in smaller cities, but prices have yet to recoup all their losses and …
CORRECTED-UPDATE 2-China’s property sector draws closer to exit from protracted slump
“The figures are a good start to the recovery of the property market for 2023, and will further boost confidence,” said Yan Yuejin, analyst at the E-house China Research and Development Institution in …
Decline in China’s Home Prices Further Stabilized in February
The decline in China’s new home prices in 70 major cities further stabilized in February, amid Beijing’s pledges to roll out more supportive measures to arrest a protracted property slump. Average new …
China’s property sector draws closer to exit from protracted slump
China’s embattled property sector made new progress in its climb out of a months-long slump as official data on Wednesday showed much narrower declines in home sales, developer investment and …
China’s Jan-Feb property investment falls at slower pace
China’s property investment fell at a slower pace over the first two months of 2023, official data showed on Wednesday, showing signs of improvement buoyed by a slew of supportive policies though …
