Miner Rio Tinto Group sees a host of near-term economic challenges in China, including in the country’s real estate industry, but reaffirmed its positive medium- and long-term outlook.
Tagged By property
China property developer Kaisa faces Hong Kong lawsuit seeking to wind it up
Chinese property developer Kaisa Group said on Monday a winding-up petition has been filed against it in a Hong Kong court in relation to 170 million yuan ($23.50 million) non-payments on onshore …
Florida pushes back against challenge to law that restricts people from China owning property
The controversial law affects people from what Florida calls “foreign countries of concern” — China, Russia, Iran, North Korea, Cuba, Venezuela and Syria, with part of it specifically focused on …
No job, no marriage, no children: China’s workers and the Curse of 35
China’s post-pandemic economic rebound has hit a wall, and the Curse of 35 has become the talk of the Chinese internet.
China Property Pain Worsens With Failed Auction, Sino-Ocean Rout
“Investors are disappointed with the slow recovery of the housing market,” said Anitza Nip, Union Bancaire Privee’s head of fixed income research for Asia. “The recovery path appears to be even longer …
China GDP: ‘rising uncertainty’ as economic recovery slows amid mounting problems
Waning confidence in China’s economic growth has been spreading, with global investment banks revising down their second quarter sequential growth forecasts ahead of the release of the data later this …
KONE: Beware The China Risk
KONE started 2023 on a positive note, largely due to the resilience of its service business. Despite that, KNYJF stock is rated as a hold. See why here.
China property developers buy less land in H1, June home sales drop 29%- survey
Chinese property developers spent 10% less on land in the first half compared to a year ago as sales stayed flat, private researcher CRIES said, reinforcing the still-low confidence in the real estate …
China Vanke says local property market worse than expected
The chairman of China’s second-largest developer backtracked his neutral assessment from March. Read more at straitstimes.com.
China’s Top Builder Says Home Market Worse Than Expected
China’s second-largest developer by sales said the nation’s home market is currently “worse than expected,” joining a chorus of investors and analysts who have become bearish on the country’s real …
What’s ailing China’s housing market? A teacher, clerk and tutor show why the next home sales reports will be ugly
Home sales likely stumbled in June and will weaken in subsequent months, analysts forecast; JPMorgan sees the market stabilising at a low level after 2022’s crash China’s policy responses may not help …
China’s June factory activity slows as conditions weaken – Caixin PMI
China’s factory activity growth slowed in June, a private sector survey showed on Monday, with sentiment waning and recruitment cooling as firms grew increasingly concerned about sluggish market …
The Implications of China’s Far-From-Typical Recovery
China’s current recovery is taking an entirely different shape. The country is not only experiencing diminishing returns from its investment-driven model, but it is also facing the end of the global …