HONG KONG/BEIJING (Reuters) – China’s biggest commercial banks have pledged at least $162 billion in fresh credit to property developers, bolstering recent regulatory measures to ease a stifling …
Tagged By property
Big question mark on whether China’s 16-point property rescue plan will create demand: Goldman Sachs
Hui Shan of the investment bank discusses the challenges that China’s zero-Covid policy poses to the economy, particularly its property sector.
Cover Story: China Lines Up Yet More Aid for the Property Sector, But Will It Be Enough? (Part 1）
China is poised to roll out more policies to assist developers in an increasingly desperate attempt to arrest a protracted downturn of the multi-trillion-dollar property sector, a key pillar of the …
Country Garden: survivor of the China property bloodbath
On the north-west edge of Shanghai, over one hundred salespeople in black suits gathered around a replica of a Country Garden residential development as an enthusiastic instructor offered guidance on …
China’s state banks seek to boost property sector with $30bn in credit lines
China’s state-owned banks have launched a concerted effort to strengthen the finances of the country’s struggling property developers, with more than Rmb220bn ($30.7bn) being announced on Wednesday in …
China backs 2 stronger property companies with $16.8bn credit line
China’s state-owned Bank of Communications has agreed to provide a Rmb120bn ($16.8bn) credit line to Chinese developer Vanke and Midea Real Estate, in a clear sign of greater government support for …
IMF urges China to boost COVID vaccinations, restore property sector confidence
The International Monetary Fund urged China on Wednesday to boost COVID-19 vaccination rates and give more robust support to its troubled property sector to restore confidence and reduce risks from a …
IMF Says China Needs to Adjust Covid Policy, Support Property
While China weathered the initial impact of the pandemic well, growth has since slowed and remains under pressure because of Covid, the property sector and weakening global demand, the IMF said. It …
China’s Covid Policy Will Hinder Property Recovery, Goldman Says
China’s zero tolerance approach to combating Covid infections will curb the benefits expected from recent measures to support a struggling property market, according to Goldman Sachs Group Inc.
Investors have to be ‘very careful’ with China’s property market, asset management firm says
Kyle Bass of Hayman Capital Management says the country has allowed its property sector, now the “most speculative sector in China,” to run “unabated.” …
India set to overtake China as property investment destination
India is all set to overtake China as an attractive property investment destination just as valuations of property investments in China are declining …
China Consumer Spending Slumps Under Covid and Property Restrictions
Consumer spending is buckling under China’s dual campaigns, flashing a warning for companies that have pinned their hopes on a more free-spending Chinese customer.
China’s aid for property sector – a lynchpin of its economy – fails to convince
A slew of recent supportive measures will bring China’s cash-strapped property developers much needed relief, but a full recovery of the sector will be hobbled by increasingly elusive buyers, say …
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