Five of China’s largest banks showed wounds from the ongoing property sector crisis, with bad debts linked to real estate surging in the first half of the year, even as they posted modest profits …
Tagged By property
China’s Economic Woes Drag On With Factory Disruptions, Property Slump
Extreme weather and power shortages depressed manufacturing, while home sales fell for the 14th consecutive month.
China Factories Hurt Amid Covid Disruptions, Heat Wave, Property Slump
Economic indicators show extreme weather and coronavirus-related lockdowns stifled Chinese manufacturing in August.
China’s real estate slump crimps earnings at China Resources Land, China Overseas Land and other developers
China Resources Land’s profit attributable to shareholders fell 19 per cent to 72.9 billion yuan, while revenue shrank 2 per cent to 121.04 billion yuan China Overseas’ interim profit fell 10 per cent …
China’s Factories Hurt Amid Covid Disruptions, Heat Waves, Property Slump
Economic indicators show extreme weather and coronavirus-related lockdowns stifled Chinese manufacturing in August.
Explained | How bad is China’s property crisis and how did it get here?
The housing sector, which accounts for a quarter of the Chinese economic output, has faced a crisis since 2020 and thousands of home buyers are now refusing to pay their mortgages …
China’s Property Market Has Slid Into Severe Depression, Real-Estate Giant Says
Country Garden, which for years ranked as China’s top real-estate developer, reported a 96% drop in first-half profit and said the market has struggled with sluggish demand and declines in property …
China’s Property Market Has Slid Into Severe Depression, Real-Estate Giant Says
Country Garden, which for years ranked as China’s top real-estate developer, reported a 96% drop in first-half profit and said the market has struggled with sluggish demand and declines in property …
‘Only the fittest can survive’, says China property giant Country Garden after reporting 96% fall in profit
Hong-Kong listed property developer Country Garden Holdings blamed the “severe depression” in the crisis-hit property market for its 96% drop in …
China’s Property Market Has Slid Into Severe Depression, Real-Estate Giant Says
Country Garden, which for years ranked as China’s top real-estate developer, reported a 96% drop in first-half profit and said the market has struggled with sluggish demand and declines in property …
‘Only the fittest can survive’, says China property giant Country Garden after reporting 96% fall in profit
Hong-Kong listed property developer Country Garden Holdings blamed the “severe depression” in the crisis-hit property market for its 96% drop in …
China’s intellectual property landscape is maturing
At first glance, Manolo Blahnik’s recent intellectual property victory in a Chinese court signified a maturing landscape for foreign companies in China. The shoemaker was a victim of China’s infamous …
As China’s property crisis grows, is the global economy at risk?
China’s house prices are falling as Beijing reins in sector, raising fears for economic growth at home and globally.