China Yuanbang Property Holdings Limited ( SGX:BCD) shares have had a horrible month, losing 45% after a relatively good period beforehand. Looking at the bigger picture, even after this poor month …
Tagged By property
China’s Property Crisis Weighs on Developing Asia’s 2023 Growth Outlook – ADB
China’s property crisis “poses a downside risk and could hold back regional growth,” the ADB said in its report. The Manila-based lender maintained its 2024 growth forecasts for China and India at 4.5 …
How Much is China’s Property Market Weighing on Its Economy?
First, tight monetary policy in its trading partners is depressing consumption and, as a result, the demand for China’s exports. Figure 1 shows that the volume of retail sales in the US and the Euro…
The climate upside of China’s real estate downturn
The deepening debt crisis in China’s construction sector – a key engine of economic growth, investment and employment – may trigger an unexpected climate benefit in the form of reduced emissions from …
BlackRock downgrades Chinese stocks as conviction sours amid property slump and stimulus policy limp
The world’s biggest money manager lost confidence in Chinese stocks and their emerging-market peers after turning bullish in February The MSCI China Index has lost 11.8 per cent since late February; …
Sunac, Country Garden debt deals bring respite for China’s property sector
Chinese developers Sunac and Country Garden brought some relief to the crisis-hit property sector by forging debt deals with creditors, but the outlook remained clouded by uncertainty about a recovery in home sales.
China’s Embattled Property Developer Evergrande Falls In Deeper Pit: Police Detains Wealth Management Staff
Following China Evergrande Group’s (OTCEM:EGRNF) inability to repay investors, Chinese authorities have taken certain employees from the company’s wealth management division into custody. This marks …
China real estate will pull out of slump in 2024-25: economist
Debt-related rules for big real estate developers should also be relaxed, said Zhang, principal researcher at the China Center for International Economic Exchanges, a state-aligned think tank.
China property woes weigh on EM stocks ahead of central bank-heavy week
Emerging market (EM) stocks fell on Monday in a glum start to a week packed with major central bank policy decisions, with Hong Kong’s benchmark index dragged down by prolonged malaise in China’s …
Nippon Paint targets China expansion despite property market slowdown
Nippon Paint’s co-president Yuichiro Wakatsuki said he remains “cautiously optimistic” about China despite investor concerns about the impact of the slowdown for the Japanese group, which makes 35 per cent of its revenues in the…
China’s economy shows some signs of stabilising but property slump threatens outlook
China’s factory output and retail sales grew at a faster pace in August, but tumbling investment in the crisis-hit property sector threatens to undercut a flurry of support steps that are showing signs of stabilising…
China’s Property Slump Takes Center Stage
Summary China’s economic performance has been extremely disappointing since the lifting of lockdowns late last year. While diverse, much of the financial stress and deepening economic weakness can be …
China to Avoid ‘Lehman Moment’ Despite Property Woes, Goldman Says
NEW YORK (Reuters) – The Chinese government’s support of banks hit by property woes will enable it to avert a financial crisis like the one in 2008 that was precipitated by the downfall of U.S.