A turnaround is under way, but analysts expect sales to improve only gradually throughout the year March sales rose sharply, but from a low base, and consumers remain wary of distressed developers’ …
Tagged By property
China sanctions Reagan library, others over Tsai’s US trip
Republican House Speaker Kevin McCarthy held talks with Taiwanese President Tsai Ing-wen at the Reagan library this week in a rare high-level, bipartisan meeting on U.S. soil.
China’s homebuyers are starting to come back
More people in China want to buy houses again, according to a first quarter survey released Monday by the People’s Bank of China.
Analysis: China’s Property Market Shows Signs of Life, but Struggles May Persist
Chinese property developers’ earnings are likely to remain under pressure in 2023, with a recent uptrend in property sales more reflective of pent-up demand caused by Covid-19 curbs than a sign of an …
China New Home Sales Rise Sharply in March – Survey
People stand in front of residential building models at a Country Garden property showroom in Huaian, Jiangsu province, China December 10, 2017. Picture taken December 10, 2017. REUTERS/Stringer …
Chinese cash trickling back to Asia’s property markets
The end of China’s strict COVID-19 border controls is prompting pent-up cash to begin flowing abroad, real estate agents and property data from Australia to Singapore suggest. Chinese demand is …
China’s factory activity growth falters in March due to weaker demand, slowing production
China’s Caixin/S&P Global manufacturing purchasing managers’ index (PMI) fell to 50 last month, down from 51.6 in February, data released on Monday showed.
China land-buying push targets U.S. agriculture, farm acreage
China’s government is systematically buying U.S. farmland as part of a strategy to meet soaring domestic demand and bolster an agricultural sector beset by decreasing arable land and polluted water.
Why some Texans feel targeted by bills banning land ownership from China, Iran and Russia
A series of bills that have been filed in the Texas Legislature this session seek to limit the way that certain people from China, Iran, North Korea …
Chinese property developer Sunac posts $2 billion core loss in 2022
Major property developer Sunac China on Friday logged a net narrowing core loss of 13.86 billion yuan ($2.02 billion) in 2022, as the debt-laden firm slowed its project construction and incurred …
The performance of China’s residential market is ‘bifurcated,’ research firm
Henry Chin of CBRE Research says the worst for the country’s property sector is over and “sentiment is definitely coming back in 2023,” but performance is uneven.
China’s JD.com to spin off industrial, property units in $1 bn Hong Kong floats
(Reuters) -E-commerce firm JD.com Inc is planning to spin off its property and industrial units and list them on the Hong Kong stock exchange in deals worth $1 billion each, two people with direct …
China Vanke Defies Property Woes With $3.3 Billion in Profit
China Vanke Co., the nation’s second-largest developer by sales, arrested an earnings slump by posting 22.6 billion yuan ($3.3 billion) in annual profit, underscoring the divide between private firms …