China’s house prices are falling as Beijing reins in sector, raising fears for economic growth at home and globally.
Tagged By property
China’s biggest property developer Country Garden sees profits plunge 96%
The company blames the ‘severe depression’ in the property market and says ‘only the fittest will survive’ …
China’s biggest property developer Country Garden posts almost 100% slump in profit
Unlike its largest peers, Country Garden focuses on the lower end of the market, making it more vulnerable to weakening demand from homebuyers during a slowdown.
China property crisis: 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.
China Bad Debt Managers See Earnings Tank on Property Losses
China Huarong Asset Management Co. and China Cinda Asset Management Co., the nation’s two largest state-owned distressed debt funds, reported a slump in first-half earnings as credit impairments …
China dispatches ministers to oversee economic recovery as property slump, drought add to risks
China sent high-ranking officials, including central bank governor Yi Gang and several cabinet ministers, across the country to supervise implementation of stimulus policies.
China’s property-driven growth model is broken
China’s property-driven growth model, which has powered the global economy for at least two decades, is looking increasingly broken. Fixing it — or finding alternative engines for the world’s …
China’s Property Slowdown Sends Bank Shares Tumbling
Shares in China’s privately run banks have fallen sharply this year, as the country’s property slowdown starts to bite.
China’s $90 billion property crisis: 4 important lessons we can learn from in Singapore
China’s developer crisis has wiped out around US$90 billion (S$125 billion) in market value, and home prices there have fallen for 11 straight months.It’s often a shock to the public when this happens …
Can China’s real estate crisis crash the global economy?
Chinese real estate bubble is finally bursting. People are hitting the roads in protests while the government is trying hard to douse the flames. Here’s an insight into the brewing crisis in China …
China’s real-estate economic slump threatens Xi’s aspirations for third term in power
In an attempt to revive the economy hurt by real estate debt problems the Chinese central bank announced a sudden strong interest rate cut which has given a se …
Impact Of China’s Drought Is Small Compared To Its Real Estate Crisis
Heatwaves and little rainfall in some parts of China have caused drought in the southwestern Chinese province of Sichuan, which greatly relies on hydroelectric power. Read more.
Why the property crisis in China is a threat to its wider economy
The recent spate of mortgage strikes by homebuyers across China has exposed the risk that has accumulated in the market as it has developed over the past two decades. The mortgage strikes started …
