China’s economic recovery is not strong enough and the government needs to implement macro policies more effectively, said the senior Communist Party official for financial and economic affairs on …
Tagged By property
China to hasten work on redrawing model for real estate industry
China’s economic recovery is not strong enough and the government needs to implement macro policies more effectively, said the senior Communist Party official for financial and economic affairs on …
China vows to boost economic growth by balancing reform, national security
China’s ruling Communist Party concluded a highly anticipated party conclave Thursday, promising to boost economic growth through comprehensive reform while reiterating the importance of maintaining …
China vows to boost economic growth by balancing reform, national security
China’s ruling Communist Party concluded a highly anticipated party conclave Thursday, promising to boost economic growth through comprehensive reform while reiterating the importance of maintaining …
China developer Sino-Ocean announces $7.8 billion offshore debt revamp plan
Its problems are part of the debt crisis that has beset China’s beleaguered property sector. Read more at straitstimes.com.
In China, property rights take wrong turn
China’s economy, long an engine of world growth, has been sputtering lately. During the second quarter of 2024, it grew at an annual rate of 4.7%—down from an average 7% a year during the past…
China’s Third Plenum Planners Have Problems Beyond The Property Crisis
For years China’s local governments have spent freely to support growth. The debt loads they have accumulated now threaten the nation’s economic prospects.
Analysis-China tries to hit more birds with one stone in property rescue push
After Beijing ordered Chinese cities to buy newly-completed apartments and turn them into affordable housing, the first steps they took were to unveil plans to broaden eligibility for subsidies and …
China’s property investment drops 10.1% y/y in January-June
Property investment in China fell 10.1% in the first half of 2024 from a year earlier, matching a figure in January-May, suggesting the sector is still not out of the woods despite mounting policy support.
China blacklists six American firms
The Ministry of Foreign Affairs of China in a statement announced that Beijing has sanctioned six American companies active in the arms industry and several of their executives.
China Market Update: Mainland Flat On Trade Surplus, Real Estate Rocks Before Plenum, Week In Review
The growth factor outpaced the value factor significantly in Hong Kong and somewhat in Mainland China. This is because internet stocks had a great day despite some analysts cutting their targets for …
China’s Real Estate Data Trending In Wrong Direction And Hitting Historic Lows
China is rapidly earning the distinction of being one of the world’s worst real estate markets, and two new data points only strengthen its grip on that unwanted mantle. Reuters recently reported that …
China’s localities need debt relief, academic says, backing treasury bonds to ease burdens
With China’s local governments under the yoke of heavy debt, calls are growing louder for the central government to lighten the load with treasury bonds – and eventually, reform of public finances.
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