China’s escalating property prices have long been a concern for Beijing as it balances growth targets with social stability. Now, economic signals are giving the go-ahead to authorities for sustained efforts to cool off the…
Tagged By property
China stocks flat as banks, property slip; Hong Kong eases
SHANGHAI, Oct 23 (Reuters) – China shares were flat on Monday morning, with investors piling into environmental stocks but dumping banks and property firms in line with policy cues from a key political congress. Policymakers…
REFILE-TABLE-China property price changes in September
BEIJING, Oct 23 (Reuters) – Following is a breakdown of average new home price changes in major Chinese cities in September, announced by the National Bureau of Statistics on Monday. Home price figures published since…
UPDATE 1-China property sales will slow in fourth quarter, prices stable-housing minister
BEIJING, Oct 22 (Reuters) – China’s property sales will slow in the fourth quarter but prices will remain stable, the housing minister said on Sunday, as more signs emerge that the country’s nearly two-year housing…
Chinese property developers love Singapore so much, it might kill us
Foreign property developers, mainly China property developers, have a real fascination with Singapore. That’s good news for government land sales, because if you haven’t noticed, this island is damned tiny. That means they’re forced to…
China property sales will slow in fourth quarter, prices stable-housing minister
BEIJING, Oct 22 (Reuters) – China’s property sales will slow in the fourth quarter and prices will remain stable, the housing minister said on Sunday. The rapid rise of property prices has been contained and…
Slower property, construction sectors drag on China’s growth
China posted relatively solid economic growth in the third quarter, driven by a stronger services industry, although there were signs of weakness in real estate and construction as property cooling measures start to bite, data…
China consumer loans surge nearly 30 percent as debt worries resurface
In the first nine months of this year, China’s banks issued 5.1 trillion yuan of new household consumer loans. Analysts suspect funds from some of these consumer loans are flowing illicitly into the property market…
Slower property, construction growth drag on China Q3 GDP but services pick up
BEIJING (Reuters) – China posted relatively solid economic growth in the third quarter, driven by a stronger services industry, though there were signs of weakness in real estate and construction as property cooling measures start…
China stocks fall as GDP cools, property softens
China stocks fell after slightly slower economic growth in the third quarter and soft property sales caused concern the economy will see further cooling. David Pollard reports The flags fly in Beijing. This is the…
China’s economy shows momentum as party meets, but property curbs bite
China’s economic growth looked set to accelerate for the first time in seven years this year, after hardly skipping a beat in the third quarter, but efforts to cut risks in property and debt are…
China’s third-quarter economic growth slows as expected, property measures bite
BEIJING (Reuters) – China’s economic growth slowed slightly in the third quarter, as expected, as the government’s efforts to rein in property market and debt risks tempered activity in the world’s second-largest economy. The economy…
China September property sales drop for first time in over 2-1/2 years
BEIJING (Reuters) – Property sales in China dropped for the first time in more than two-and-half years in September and housing starts slowed sharply, reinforcing expectations that robust growth in the world’s second-largest economy is…