China’s production of more intellectual property (IP) does not automatically translate into a strategic advantage in economic competition with the United States. High-quality IP is needed amid …
Tagged By property
China aims to build 461,000 kilometres of national highway by 2035 – state planner
China aims to build a total of 461,000 kilometres (286,452 miles) of national highway by 2035, compared with 382,000 kilometres by the end of 2021, the state planner said on Tuesday.
Nam Tai Property Obtains Injunction Against Rogue Former Executives Wang Jiabiao and Zhang Yu
Nam Tai Property Inc. (NYSE: NTP) (“Nam Tai” or the “Company”) today announced that the Shenzhen Qianhai Cooperation Zone People’s Court (the “Court”) has granted its subsidiary’s request that Wang …
Iron ore price down on growing fears of weak demand in China
The iron ore price fell on Monday on growing fears of weakening demand for the raw material in China. According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China were changing …
China Doubles Population Under Lockdown, at Risk of BA.5 Shutdown
The world’s second-largest economy has been recovering since mid-May. But that progress is tentative, and is currently being set back by a quadrupling in Covid case counts.
Chinese property developer Ronshine misses interest payments on two bonds
Chinese property developer Ronshine China Holdings Ltd has not made interest payments on its June 2023 and December 2023 notes, totalling $27.9 million, in the latest blow to China’s embattled …
When some properties in China come with jobs
Home developers who complain that they are facing headwinds in selling their properties due to rate hikes and a gloomy outlook should perhaps take a leaf from their counterparts’ book in China. Read …
China’s property market shows early signs of stabilising
BEIJING – China’s embattled property market is showing early signs of stabilising, after months of plunging sales following a government clampdown on over-leveraged developers two years ago. Read more …
China’s Powerlong Real Estate seeks delay in 600 million yuan bond payment – sources
Chinese developer Powerlong Real Estate Holdings seeks to delay payment of 600 million yuan ($89 million) of onshore bonds due on July 15 and to repay the principal in batches over one year, two …
Why property developers in China accepting house payments in watermelons, wheat
Property developers would allow home buyers to make a maximum payment of 5,000 kilograms of watermelon, valued at 100,000 yuan.
China’s property sector continues to face weak buyer sentiment, says S&P Global Ratings
Louis Kuijs of the credit rating agency says housing sales in the country remain weak, though there was some improvement in May and June.
Chinese real-estate developers are accepting wheat, garlic, and peaches as down payments for properties as the market slumps and bond defaults mount
“We are helping farmers with love, and making it easier for them to buy homes,” said Central China Real Estate.
China’s real estate crisis deepens as big Shanghai developer defaults
By Laura He, CNN Business Another major Chinese developer has defaulted on its debt, dealing a new blow to the ailing real estate sector in the world’s second largest economy. Shanghai-based Shimao …
