Once again, China’s government failed to approve a property tax law, seen as a key part of reforming the real estate sector.
Tagged By property
China property developer Yango defaults on $94.6 mln onshore bond – underwriter
Chinese property developer Yango Group Co Ltd 000671.SZ has defaulted on a 600 million yuan ($94.62 million) onshore bond after it failed to meet a …
Conditions not right for China to expand property tax trial this year – Xinhua
The conditions are not right for China to expand a property tax trial this year, state-run Xinhua news agency quoted the finance ministry as saying on Wednesday, suggesting authorities are treading …
China Will Not Expand Its Property Tax Trial This Year
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.
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…