A court in Shanghai rules that an elderly man who bequeathed his property to a fruit stall owner was unable to ‘perform civil conduct’ because of an Alzheimer’s diagnosis in 2017, nullifying the gift.
Tagged By property
China’s Shenzhen and Hainan could be property tax testing ground – Security Times
China has the conditions to advance trial work on a property tax, and Shenzhen city and Hainan province could be testing grounds for it, with both …
Pioneering China Real Estate Billionaire Zuo Hui Dies At 50; KE Plunges
China today lost the billionaire entrepreneur who pioneered modern brokerage services for millions of home buyers in the world’s largest residential real estate market. KE Holdings announced that …
Billionaire Founder of China Property Giant Dies of Illness
The billionaire founder of KE Holdings Inc. has died of an unspecified illness, a shocking development for a Chinese property company that pulled off one of the strongest U.S. market debuts of 2020.
Why do so many people join the Communist Party in China?
Almost 5 million local-level party organisations pervade every aspect of Chinese society, from villages and schools to private companies Both Chen and Li studied Marxism in Japan, and were among the …
Embattled Chinese Property Tycoon Turns to Electric Cars. Cue $87 Billion Valuation.
Evergrande founder Xu Jiayin hasn’t sold any cars yet and his real-estate empire is groaning with debt. But his electric vehicle startup recently notched an $87 billion market cap.
China’s top court publishes typical cases on property rights protection
China’s top court has published seven typical cases from its work regarding the protection of property rights and the legitimate rights and interests of entrepreneurs. The cases concern the top court …
Property, energy stocks pull China shares lower; Shanghai Composite slips 0.5% at close
At the close, the Shanghai Composite index was down 0.51 per cent at 3,510.96, while the blue-chip CSI300 index was down 0.3 per cent. …
Property, energy stocks pull China shares lower; digital currency firms drop on new ban
China shares ended lower on Wednesday after three straight sessions of gains, dragged down by property and energy firms, while digital currency-related stocks fell after Beijing banned financial and …
China authorities evacuate, investigate shaking skyscraper
Authorities in the southern Chinese tech center of Shenzhen have evacuated a 70-story skyscraper after it began swaying and are investigating the cause …
China to Launch $4.9 Billion of REIT Products in Pilot Scheme
China has approved the country’s first batch of public real estate investment trusts, giving local governments another tool to finance infrastructure projects.
China’s April home prices soar at breakneck pace, putting onus on authorities to keep housing affordability in sight
Surging prices at the fastest monthly pace since last September puts the pressure on the government to impose even more draconian measures to cool the market, as housing affordability is one of the …
China’s property investment up 21.6 pct in Jan.-April
China’s investment in property development rose 21.6 percent year on year in the first four months of this year, data from the National Bureau of Statistics (NBS) showed Monday. Compared with the 2019 …
