Tencent Holdings Ltd.’s $40 billion surge this week and the recent ascent of Pinduoduo Inc. have reshaped the landscape of China’s richest people. ( read original story …)
Tagged By property
Suit over alleged Ponzi scheme that financed Bellevue real estate can proceed, judge rules
The two defendants argued the King County court had no jurisdiction in the case because all of the alleged fraud occurred in China. ( read original story …)
Relaxed ‘Hukou’ Rules Spark China Housing Rebound Beyond Beijing
China’s property market is shaking off the coronavirus effects as a gradual economic rebound and the further relaxing of centuries-old permits boost demand beyond the major hubs of Beijing and … ( read original story…
China and America Are Heading Toward Divorce
Don’t worry! They know that as long as you’re president, America will be in turmoil. For Xi, that means we’re a less formidable economic rival, and for Vlad, that means we’re a less attractive ……
How China Is Tightening Its Grip on Hong Kong’s Economy
Chinese mainland firms are expanding in Hong Kong at an accelerating pace at a time of rising political tension. ( read original story …)
The US ramps up fight with China by taking another shot at 4 state-run media outlets operating in the states
The State Department has now designated a total of 9 Chinese media outlets at foreign missions. China is expected to retaliate. ( read original story …)
Intellectual property theft: what Chinese and British firms should worry about
Chinese companies are more vulnerable to data leaks through social media communications than foreign state-sponsored intellectual property theft. Meanwhile, British companies should discard the belief … ( read original story …)
As China and Australia trade barbs on coronavirus and racism, property market joins list of casualties
Fraying relations between Beijing and Canberra could hit Australian real estate market that relies on Chinese money for its vigour. ( read original story …)
China home prices to pick up, but outlook remains soft: Reuters poll
China’s home prices are expected to grow slightly faster this year than predicted a few months earlier while sales will stay soft, as Beijing refrains from strong easing to cushion the coronavirus-led … ( read…
SoftBank’s Arm Fired its China CEO for Starting a Competing Fund
Arm Ltd., the chip designer owned by SoftBank Group Corp., ousted the head of its Chinese venture after discovering that the executive had set up an investing firm that would compete with its own ……
Southern California woman held in $21.6M real estate scam
A Southern California woman was arrested Friday on charges of swindling investors, mainly from China, out of $21.6 million in a phony condominium and hotel … ( read original story …)
China’s Reported Plan To Buy More U.S. Farm Goods Helps Boost Market
This morning, a report that China is planning to buy more U.S. farm goods is helping boost market sentiment a day after lackluster trading. ( read original story …)
Real estate control policies in China can partially constrain real estate risks to banks
According to Junhua Jiang’s doctoral study, real estate control policies in China that aim at stabilizing or slowing house price growth can reduce two types of real estate risks to banks: discount … ( read…