China is looking to slash taxes on home purchases as the government strengthens fiscal support for its ailing real estate sector, a media report said on Tuesday. Regulators are preparing a proposal …
Tagged By property
China to Step up Idle Land Reclaim to Support Property Market
BEIJING (Reuters) – China plans to utilize funds from local government special bonds to increase efforts to reclaim and acquire idle land, a move aimed at stimulating the struggling property market, …
What you need to know about China’s $1.4 trillion debt package
China unveiled a 10 trillion yuan ($1.4 trillion) debt package on Friday to ease local government financing strains and stabilise flagging economic growth, but officials refrained from announcing …
China’s property market shows signs of bottoming out, as home sales accelerate in major cities in October
Analysts said on Monday that China’s property market development trend is quietly shifting, with continuous growth in home sales anticipated in the final months of the year. September and October are …
China’s huge £1.1tn package to shore up struggling economy as Donald Trump trade wars loom
Donald Trump has previously threatened tariffs on Chinese goods, raising concerns about their impact on China’s economy.
Henry Keswick, taipan who took Jardine Matheson back to China, 1938-2024
Today, as well as being the pre-eminent landlord in Hong Kong’s business district and one of the city’s biggest employers, Jardines has interests spanning hotels, property, engineering, automobiles and retail across mainland China. “Henry devoted…
Trump’s New Trade War With China Is Coming
With Donald Trump’s decisive victory in Tuesday’s presidential contest, the U.S.-China trade war is set to further escalate … citing what he called unfair trade policies and intellectual property theft. Trump, who has previously called…
Opinion | China Nurses Its Debt Hangover
During the go-go decades of China’s credit-fueled real-estate boom, local governments racked up enormous off-balance-sheet debts in special investment funds tied to property. Property values plunged …
China pledges $1.2trn package to shore up economy
China’s economy has stuttered in recent months, facing strong deflationary pressures amid weak domestic demand, a property crisis and mounting financing strain for the indebted local governments. Concerns for China’s long-term outlook have been …
Forum hears economists’ prescriptions for curing China’s property woes
Beijing has been urged to take further action to ensure a soft landing for China’s economically important property sector, as the country focuses on preventing debt shocks, restoring market confidence …
China’s 100 Richest 2024: Combined Wealth Climbs Back To $1 Trillion After A Two-Year Decline
Another notable gainer is Zhu Yi, chairman of Biokin Pharmaceutical, whose net worth more than doubled to $8.2 billion. The company’s subsidiary, SystImmune, signed an $8.4 billion deal last year with …
China’s developers are borrowing more to sate thirst for capital after flood gates opened
Bond financing in the property sector rose for the second month in October, rising 3.2 per cent from last year to 29 billion yuan, according to the China Index Academy.
China’s debt swap plan won’t help much, rumored real estate fund would have a greater impact: Strategist
Vincent Chan of Aletheia Capital says that China’s planned local government debt conversion is too small from a stimulus point of view, rather the rumored 4 trillion RMB fund to purchase unsold …
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