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…
Tagged By property
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.…
China's Hainan latest to impose new curbs on real estate investment
SHANGHAI, April 14 China’s southern island province of Hainan has drawn up measures to clamp down on real estate speculation, the official Hainan Daily newspaper reported, the latest in a flurry of steps to tame…
Beijing bans property ads promising high returns and good feng shui
The property market contributes to around 20% of China’s gross domestic product and there are fears a crash would severely damage the economy. China releases its first-quarter growth figures next week. ( read original story…
If The China Property Bubble Bursts, Banks And Individual Wealth Likely More Impacted
The risk of the China property bubble bursting and impacting the macroeconomic environment “has become more pronounced,” Moody’s analysis observes. In fact, if a property bubble does burst, its impact would be more diffuse, impacting…
Xiongan district becomes hot property in China
These are external links and will open in a new window A sleepy district in Hebei province has suddenly become the centre of China’s latest property craze and the talk of the country. Over the…
China stops individuals from buying Beijing commercial property
SHANGHAI China’s regulators have introduced rules to curb the purchase of new commercial property in Beijing by individuals in the latest step by authorities to cool the market. New commercial plots can now only be…
China’s overseas property dream becomes nightmare
This article first appeared in The Edge Financial Daily, on March 21, 2017. HONG KONG: Middle-class mainlander Laura Zhang found the idea of owning a home overseas irresistible after being bombarded by commercials for an…
METALS-Copper eases in thin trade, traders eye fresh China property curbs
MELBOURNE, March 20 London copper slipped on Monday on jitters that Beijing would set down tougher measures to cool its housing sector, although trade was thin as markets digested the results of a meeting of…