A distressed Chinese property developer is likely to delist from the country’s stock exchange, sending a fresh reminder the nation’s weaker builders are still struggling to survive.
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China April copper imports fall on sluggish economy, property woes
China’s copper imports in April fell 12.5% from the prior year, customs data showed on Tuesday, curbed by weak demand and a jump in domestic production of the metal.
DeSantis bans ‘Chinese agents’, citizens of other ‘countries of concern’ from buying real estate in Florida
The new law prevent foreign entities and officers from China, Russia, Iran, North Korea, Cuba, Venezuela and Syria from buying any property within 10 miles of military installation.
China calls the US an “Empire of Hacking,” citing 2017 Wikileaks files
As per The Reg, an investigation called “The Matrix” conducted by the National Computer Virus Emergency Response Center of China and local cybersecurity firm 360 Total …
Once China’s Richest Man, Wang’s Mall Empire Is Now in Trouble
For 80-year-old Perelman and his holding company, MacAndrews & Forbes, the transition ends nearly 40 years of ownership. Perelman acquired Revlon in 1985 for $2.7 billion in a deal financed with help …
Ban on Property Sales to Citizens of China, Iran, and Others Is Cruising Through Texas Legislature
Whether the bill, which Gov. Greg Abbott has vowed to sign, ends up as law or not, the discrimination is already stinging marginalized communities.
Want to Bet On China+1? Try Real Estate
Vietnam’s commercial property market is on investors’ horizon after a yearlong funding squeeze for developers.
China’s holiday home sales fall sharply against pre-COVID level – survey
China’s average daily home sales by floor area were down 22% compared with the May Day holiday period before COVID-19, as demand remains subdued in small and medium-sized cities, a private survey …
China’s factory activity dipped in April on weak demand as bumpy post-Covid economic recovery continues
China’s Caixin/S&P Global manufacturing purchasing managers’ index (PMI) fell to 49.5 last month, down from 50 in March, data released on Tuesday showed.
‘This May Day is crazy’: China’s holiday spending exceeds pre-pandemic levels for the first time
Holiday spending during China’s Golden Week has surged past pre-pandemic levels for the first time in three years, in a sign the country’s travelers have fully emerged from the depths of Covid-related …
China’s Factories Struggle in Further Sign of Economic Imbalance
China’s factory activity struggled in April, a private survey showed, adding to signs of imbalance within the economic recovery. The China Caixin manufacturing purchasing managers index dropped to 49.
China property: government likely to keep market support coming as April home sales tank, say analysts
The authorities are likely to keep rolling out incentives to support mainland China’s property sector as April’s home sales look set to tank, according to analysts.
China Developer Jiayuan Gets HK Court Order to Liquidate Assets
Jiayuan International Group Ltd. has received a Hong Kong court order to dissolve and sell assets to repay overdue debt, the latest Chinese property developers to lose such a legal battle.