China’s property sector will remain weak but will see a gradual recovery in 2023, economists said in a Reuters poll, expecting further stimulus measures and looser COVID-19 curbs to support the crisis …
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China’s property prices to rise in 2023, sales to fall more slowly
BEIJING (Reuters) – China’s property sector will remain weak but will see a gradual recovery in 2023, economists said in a Reuters poll, expecting further stimulus measures and looser COVID-19 curbs …
China’s Property Plan Looks More Like a Bandage Than Bailout
Xi Jinping has sprung some pleasant surprises on markets since securing his third term as China’s leader last month. Not least a 16-point (count ‘em) plan to bolster an imploding property sector.
China’s Property Sales to Decline by 10%-15% in 2023: Moody’s
Kaven Tsang, senior vice president at Moody’s Investors Service, discusses China’s property market, inventory of empty apartments and the liquidity of developers. He speaks on Bloomberg Television.
First property now lockdowns: Are protests becoming more frequent in China?
China’s Xi Jinping says Asia-Pacific should not become an arena for big power contest: State media What are people protesting about? From nationwide protests by property owners to public anger over …
China’s Property Investment Falls at a Faster Clip in Jan-Oct
China’s property investment fell at a faster pace during January-October, declining 8.8% from a year earlier after slumping 8.0% in the first nine months of the year. Property sales by floor area …
China property rescue package lifts stocks, bonds
Business China property rescue package lifts stocks, bonds. Posted . Chinese property stocks and bonds soared on Monday as the market cheered Beijing’s “most comprehensive” suppor …
Shares mixed on Fed warning, China acts on property
Asian share markets were mixed on Monday as a top U.S. central banker warned investors against getting carried away over one inflation number, while Chinese stocks gained on signs of aid for the …
China Plans Property Rescue as Xi Surprises With Policy Shifts
China issued sweeping relaxation measures on property and Covid controls, the strongest signal yet that President Xi Jinping is now turning his attention on rescuing the economy.
Yellen to Seek Info on China’s Covid Lockdowns, Property Crisis
US Treasury Secretary Janet Yellen will seek information on China’s Covid lockdown policies and its troubled property sector during a meeting with the head of the nation’s central bank this week, …
China Ramps Up Property Support With $56 Billion in New Funding
Chinese regulators told the nation’s second-tier banks to dole out another 400 billion yuan ($56 billion) of financing for the property sector in the final two months of the year, adding to a raft of…
China Property Crisis Imperils $1.6 Trillion of Local State Debt
China’s deepening property crisis is piling pressure on a $1.6 trillion corner of the country’s onshore bond market, as cities and local administrations step in as white knights to bail out troubled …
Some of China’s policies have failed to help property sales rebound, says economist
Raymond Yeung, chief economist for Greater China at ANZ, discusses the effects of China’s zero-Covid policy on its economy and its recent decision to ease some restrictions.
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