China’s gross domestic product rose less than expected in the third quarter of the year as government action to curb debt in the property sector, and power cuts ordered by authorities to deal with the…
Tagged By property
China economy slows as power cuts, property woes and Covid take toll
GDP grew 4.9% in the quarter to September, the lowest for a year, as the post-pandemic recovery loses steam and Evergrande problems persist …
China Property and Energy Crises Deliver Blow to GDP Growth
China’s economy slowed in the third quarter as multiple headwinds from a property slump to an energy crisis weighed on growth.
FLASH: CHINA JAN-SEPT FAI UP 7%, PROPERTY UP 9%
China’s fixed asset investment (FAI) grew 7.3% on year to Yuan 39.8 trillion ($6.2 trillion), among which, that in the property market increased 8.8% on year to Yuan 11.3 trillion, both posting slower …
Chanos fears what comes after China’s property pain
Noted China bear Jim Chanos believes the country’s real estate ructions will have economic and political repercussions.
China’s President calls for progress on property tax in drive for prosperity
Such a tax could curb rampant speculation in the housing market, which is currently under intense global scrutiny as developer China Evergrande Group ..
What China’s Evergrande crisis means for its real estate market and the world
Once the world’s largest real estate developer, China Evergrande is at risk of drowning in a tsunami of debt as Beijing changes monetary tack. Just how far will the ripples be felt?
Property Crisis, Social Unrest, Credit Trap: China’s Superpower Dream Could Go Kaput
Mao’s disastrous Great Leap Forward killed more than 50 million Chinese, so he attacked India in 1962. As China faltered internally and externally, Xi attacked India in 2020.
China’s Economy Is Showing Strain From Property to Energy Crises
China’s economy is being hit from all sides — a property slump, energy crisis, weak consumer sentiment and soaring raw material costs — and government data Monday will show just how bad things are …
Can Biden Stop China’s Intellectual Property Theft?
China’s IP theft is only becoming more brazen. Here’s What You Need to Remember: The recent decisions by Chinese courts display open contempt for American policy. The Wall Street Journal published a …
China developer shares slide as Evergrande concerns simmer
Shares of Chinese real estate firms fell further on Thursday as investors fretted about a debt crisis rippling through developers including China Evergrande Group, a day after the sector was hit with …
China property shares pummelled by impact of Evergrande crisis
Shares of Chinese real estate firms slid on Thursday as investors fretted about a debt crisis rippling through developers including China Evergrande Group , a day after the sector was hit with fresh …
China property shares slide as Evergrande crisis reverberates
Shares of Chinese real estate firms fell further on Thursday as investors fretted about a debt crisis rippling through developers including China Evergrande Group, a day after the sector was hit with …