China’s Evergrande crisis exposed cracks in the country’s real estate sector, and this could have a domino effect on other countries around the globe, including the U.S. — or could it? The U.S. is all …
Tagged By property
China’s property sector is in a ‘multiyear downturn,’ says Goldman Sachs
Hui Shan of Goldman Sachs says the slowdown in China’s property sector could subtract one percentage point off the country’s economic growth in the next few years.
China’s Dangerous Rush to Resolve the Property Crisis
Industries that count on overseas backers will have a hard time raising capital if the crackdown on real estate developers leads to their sudden collapse.
China’s Real Estate Industry Keeps Crumbling
TheStreet’s Alex Frew McMillan is on the case in China, where the country’s beleaguered real estate property industry is closing in on “condemned” status. “Like a punishing pub crawl gone horribly …
China State Media Stoke Speculation Property Crackdown May Ease
China’s efforts to limit fallout from China Evergrande Group’s crisis are gathering steam.Most Read from BloombergWhy Hong Kong Is Building Apartments the Size of Parking SpacesFarmers Take on …
How Wealth Products Helped Inflate China Real Estate
Alarm bells are ringing in China as people in search of high yields keep investing their savings in wealth-management products. A history of bailouts had many of them believing that WMPs are …
China Property Stress Spurs Fed Warning as Bond Losses Widen
Just weeks ago, Wall Street analysts and central bankers were quick to assure investors that a collapse by China Evergrande Group wouldn’t be a Lehman moment. Regulators in Beijing said that the …
Fed warns ailing China real estate sector poses risks to US economy
The Federal Reserve warned on Monday that stresses in the Chinese real estate sector “posed some risk to the US financial system”, pointing to heavily indebted property companies like Evergrande as a …
China’s Economy Faces Risk of Yearslong Real-Estate Hangover
China’s aggressive campaign to root out speculative real-estate activity could slow the country’s growth rate for years to come, economists say, even if a major housing correction is averted.
Chinese Junk Bond Yields Top 25% as Property-Market Strains Intensify
The surging bond yields, which imply very high default risks, are adding to Chinese property developers’ problems as they face slowing home sales and regulatory curbs on borrowing.
Cracks widen in China high yield bonds
Asia’s high yield bond market is continuing its rollercoaster ride, with yields widening substantially in recent days as pressure builds on the Chinese real estate market. But some are trying to take …
Not only property crisis, but China also has another trouble brewing
Lottery sales declined by almost 13% from a year earlier to 31.2 billion yuan ($4.9 billion) in September …
Market Focus Moves to Stronger Property Firms: Evergrande Update
Investor concerns over China Evergrande Group’s debt are shifting to the country’s stronger property companies as a selloff across the industry’s dollar bonds hits higher-quality borrowers.