Apparently in a rush to expose a sinister link between US President Donald Trump and Beijing, Politico reported that Trump has an outstanding debt to the Bank of China, only to quietly correct itself ……
Tagged By property
China’s antitrust law doesn’t seem to apply to internet giants
The failed attempt indicates how limited China’s current antitrust law has been applied to internet firms. The lack of antitrust enforcement in the digital world has also given internet giants the … ( read original…
How Does China Resources Land Limited’s (HKG:1109) Earnings Growth Stack Up Against Industry Performance?
Understanding China Resources Land Limited’s (SEHK:1109) performance as a company requires examining more than earnings from one point in time. Today I will take you through a basic sense check to … ( read original…
Hitachi Elevator (China) and Poly Real Estate Group extend partnership
Co., Ltd. inked another round of group purchase agreements with Chinese real estate developer Poly Real Estate Group in Guangzhou in March, 2020. This is the fifth round of such agreements between the … (…
Chinese property tycoon lands on debtors blacklist
The chairman of an acquisitive Chinese real estate conglomerate has landed on a national debtors blacklist that bars him from flying first class or going to nightclubs, as leverage pressures intensify … ( read original…
China outstanding property loans +13.9% y/y by end-March
China’s outstanding property loans were up 13.9% from a year earlier at 46.16 trillion yuan ($6.52 trillion) as of end-March, central bank data showed on Friday. ( read original story …)
China’s PBOC Shanghai branch pledges to ban illicit funding of property purchases
The Shanghai branch of China’s central bank on Thursday said it will strictly ban illicit funding of real estate purchases via property-backed consumer or business loans, while continuing to step up … ( read original…
The Latest: China reports 30 new virus cases, no deaths
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it … ( read original story …)
When Small Businesses Get Loans They… Buy Property?
But much to Beijing’s dismay, instead of paying salaries or shoring up working capital, these enterprises seem to be using the proceeds to buy real estate. The People’s Bank of China on Monday asked ……
China cuts benchmark rate for second time this year as expected
China cut its benchmark lending rate as expected on Monday to reduce borrowing costs for companies and prop up the coronavirus-hit economy, after it contracted for the first time in decades. ( read original story…
UPDATE 1-China cuts key rate for second time this year, more easing likely
China cut its benchmark lending rate as expected on Monday to reduce borrowing costs for companies and prop up the coronavirus-hit economy, after it contracted for the first time in decades. The … ( read…
China Bourse May See Additional Support On Monday
The China stock market has finished higher in two straight sessions, gathering more than 25 points or 0.9 percent in that span. The Shanghai Composite Index now rests just beneath the 2,840-point … ( read…
China Home-Buying Curbs Look Set to Stay Despite Nascent Rally
China’s residential property market may be on the road to recovery but local authorities appear intent on toeing the party line, sticking to President Xi Jinping’s mantra that homes are for living in, … (…
