China will not expand a trial on property taxes this year amid a housing market slump and growing pressure on the world’s second-largest economy from a renewed virus outbreak and geopolitical turmoil.
Tagged By property
Buttressing Greenland – a bailout in China’s distressed property sector
Greenland Holdings Corp Ltd , a major Shanghai-based Chinese state-backed property developer responsible for marquee projects at home and abroad, was scrambling for funds late last year, people with …
China’s property investment up 3.7% in Jan-Feb
China’s investment in property development rose 3.7 percent year-on-year in the first two months of this year, data from the National Bureau of Statistics showed Tuesday. During this period, property …
China’s January to February property investment perk up slightly on easing measures
BEIJING: China’s property investment bounced slightly over the first two months of 2022 after a fall in December, official data showed on Tuesday (Mar 15), helped by the easing of property curbs to …
China’s Jan-Feb property investment perk up slightly on easing measures
China’s property investment bounced slightly over the first two months of 2022 after a fall in December, official data showed on Tuesday, helped by the easing of property curbs to relieve a liquidity …
China’s property investment up 3.7 pct in Jan-Feb
China’s investment in property development rose 3.7 percent year on year in the first two months of this year, data from the National Bureau of Statistics (NBS) showed Tuesday. During the period, …
Time Is Running Out for China’s Developers to Come Clean on Debt
China’s listed property firms have just over two weeks left to agree with auditors on how much debt they are liable for and whether there’s sufficient cash to pay for it.
Evergrande: the end of China’s property boom
The rapid expansion of China’s property sector was powered by a great migration from the farms to the cities – and built on cheap credit. The FT tells the story of Evergrande, the most indebted…
China’s Growing Club Of Indebted Property Billionaires
China’s real estate industry used to be a goldmine, minting one billionaire after another. Today, it has become a debt trap for shareholders and investors. The industry’s billionaire founders are …
Soho China dangles 30 per cent discount on commercial properties to trim debt after aborted Blackstone deal
Soho China plans to sell about 32,000 square metres from its portfolio in Beijing and Shanghai Proceeds from the sale will be used to cut debt, says chairman Pan Shiyi Soho China is offering a…
China property crisis needs a deeper fix
China’s property debt crisis appears to be spiralling out of control. While there is no easy fix for the liquidity crunch facing the sector, there is growing urgency to restore investor confidence in …
Commercial property projects touting ‘preservation’ as underlying theme sprout across China
Real estate developments that combine an element of preservation are becoming popular in China, with some companies taking a keen interest in such projects.
Property sales at Shimao Group’s Shanghai-listed unit sink 62 per cent in February
Shanghai Shimao’s slump in contracted sales piles further pressure on parent Shimao Group Holdings, which faces US$3.2 billion of debt repayments this year.
