Beijing: China will make changes to the methodology for calculating its housing price index as the current system has encountered “new challenges”, the Statistics Bureau said on Wednesday. Li Xiaochao, deputy director at the National…
Tagged By property
China third-quarter GDP growth slows as expected, property measures bite
BEIJING (Reuters) – China’s economic growth slowed slightly as expected in the third quarter as the government’s efforts to rein in the property market and debt risks tempered activity in the world’s second-largest economy. The…
A paean for property speculators and why the market needs them to function properly
Take a look at the chart, Mr President. It represents your administration’s thinking on interest rates and it tells you why you have speculators. Now look in the mirror and it will tell you who…
China to tweak property price methodology to address ‘new challenges’
BEIJING (Reuters) – China will make changes to the methodology for calculating its housing price index as the current system has encountered “new challenges”, the Statistics Bureau said on Wednesday. Li Xiaochao, deputy director at…
China’s red-hot property market may finally be set for sustained cooling
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…
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…
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