BEIJING, April 24 (Xinhua) — China’s property sector will remain stable, but competition will intensify as sales slow and liquidity tightens, said a Moody’s report on Monday. China’s national contracted property sales will slow from…
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‘Apartheid Without the Racism’: How China Keeps Rural Folks Down
YANJIAO, China—An epic property boom restricted to city dwellers has opened a wealth gap that continues to widen in China, setting back a state campaign to ease poverty and shunting rural dwellers from the middle-class…
More small property developers might go bust in China, says Moody's
HONG KONG — In China’s property sector, the strong are only getting stronger. This is the observation by ratings agency Moody’s, which suggests that more smaller property developers are likely to go bankrupt in an…
Hour of reckoning is beckoning for China’s over-inflated economy
China’s parallel property and infrastructure booms, locked in by government policy for yet another year, have driven the welcome recovery in commodity prices that has in turn ensured Australia maintains its magnificent record of growth.…
Beijing gov't says property curbs showing initial results despite March price gains
BEIJING The municipal government of China’s capital said on Wednesday that new property curbs unveiled in March have started to cool the red-hot housing market, but it will take some time before the frothy market…
Property destocking in China's smaller cities to persist – senior economic planner
BEIJING, April 19 Clearance of the housing overhang in many of China’s smaller cities is likely to persist, a senior economic planner was quoted as saying on Tuesday, suggesting that smaller centres may continue to…
China Has World's Hottest Property Stocks
The world’s hottest property stocks are to be found in China as tougher measures to cool real estate prices fail to deter investors. Chinese companies account for nine of the 10 best performers this year…
China's March home prices defy curbs, further tightening expected
BEIJING: Prices in China’s sizzling property market, a major driver of growth in the world’s second largest economy, accelerated in March on a monthly basis, shaking off the impact of recent cooling measures introduced to…
China plans two million new units of public housing for 2017: Xinhua
China’s property sales surged in the first two months of the year despite government measures to cool the market, though growth in real estate investment showed signs of easing, according to official data in March.…
China has yet to stop its runaway property bubble
BEIJING — Wu Jianying, a company employee in Beijing, visited her father’s hometown in Hebei Province, in mid-March. In Wen’an County, a one-and-a-half-hour drive south from the capital, she heard a strange rumor: The government…
Steel, stimulus drive China’s strongest economic growth since 2015
China’s economy grew faster than expected in the first quarter as higher government infrastructure spending and a gravity-defying property boom helped boost industrial output by the most in over two years. Growth of 6.9 per…
China's first-quarter property investment accelerates, defying curbs
BEIJING Real estate investment in China remained robust in the first quarter from a year earlier, official data showed on Monday, as the pace of new construction quickened, despite intensified government cooling measures. Growth in…
China Q1 property investment rises 9.1 pct y/y
BEIJING, April 17 Real estate investment in China rose 9.1 percent in the first quarter from a year earlier, official data showed, as the pace of new construction starts quickened despite intensified government cooling measures.…