Goldman cut its three and six-month price targets to $70 and $85 a tonne, respectively, from $90 and $110 a tonne.
Tagged By property
China’s increasing US real estate portfolio a major cause for domestic concern: Carter
Chinese Communist Party-linked businesses are buying up large pieces of US farmland in North Dakota and Texas, plus other real estate interests in Florida.
China Property Stocks, Bonds Rally on Reported Fund Help
Chinese property stocks and dollar bonds rallied Monday, as a reported move by Beijing to establish a fund to support developers fueled optimism about a turnaround for the struggling sector.
Expect more volatility in China’s property market, says real estate firm
Henry Chin of CBRE Group discusses the outlook for China’s property market, and says “any relaxation for the wider industry is super, super unlikely to happen.” …
Explained: Why China’s crumbling real estate sector has the world on edge
Across China, real estate developers are getting desperate – attempting to sell homes by whatever means possible, even going as far as accepting down-payments in wheat, garlic, watermelons and peaches …
China’s Property Crisis Isn’t Over Yet. Developers’ Bonds Are Taking a Hit.
All Chinese developers will suffer as home buyers’ faith in the prepayment system—paying for property before receiving it—erodes.
China extends property loans at the fastest pace in three years as mortgage crisis spreads
China’s banking regulator has pledged to boost lending to help developers finish stalled property projects and boost buyers’ demand, as a growing mortgage boycott by homebuyers exacerbates the country …
China’s Property Market Is in Crisis. How It’s Squeezing the Economy.
With Beijing stepping in to help China’s beleaguered property market, many believed the sector’s crisis may be averted. New situations are causing reconsideration of that optimism. After years of boom …
China property crisis: Why homebuyers are halting mortgage payments
A growing number of homebuyers in China have stopped making mortgage payments for properties, adding to the woes of the country’s already t.
China’s multi-layered property crisis explained: podcast
Homeowners in the world’s second-largest economy are refusing to pay mortgages on unbuilt homes. In this Viewsroom podcast, Breakingviews columnists describe how government deleveraging policy …
House Of Cards: China’s Real Estate Problem
China’s real estate sector and its related activities make up 30 per cent of the country’s economy. Today, in 2022, after fifteen years of unchecked infrastructural expansion, the prices of houses are …
Copper market awaits China property stimulus to arrest slide
Benchmark global copper prices face further losses for several months after a sharp drop from record levels, as government stimulus has yet to address the country’s property sector, a major consumer …
China’s zero-PROPERTY policy: The one lockdown China’s Communist Party can’t face
The housing protests in China point to a financial mess that expose banks, and much more importantly, a weak point to the social stability.
