In the sprawling, pulsating heart of China, the real estate market, a cornerstone of the nation’s economy, is being tightened under the vigilant gaze of the Chinese Communist Party. The move, a calculated and unambiguous…
Tagged By property
Property Problems Fester In China, Threatening The Whole Economy
China’s property collapse and Beijing’s halting response has put the financial system and the economy at risk.
China Evergrande winding-up hearing adjourned as it seeks new debt deal
A Hong Kong court gave China Evergrande Group a five week reprieve to come up deal with creditors or face liquidation after the embattled developer said on Monday it was working on a revised debt…
HSBC Says China Property Sector May Worsen, Sets Aside Funds
HSBC Holdings Plc warned of the risk of a further deterioration in China’s property sector, setting aside more funds for possible losses on its exposure to the country’s commercial real estate sector.
China’s Property Crisis Is Haunting Its Economy. Here’s One Glimmer of Hope.
He said August and September are normally boom times for his services, as the Chinese southern city’s scorching temperatures cool and people keep their windows and doors open, thanks to protective screening.
How Country Garden Plays Into China’s Property Mess
China’s real estate crisis is showing no sign of abating, depriving the world’s No. 2 economy of one of its biggest growth drivers. China Evergrande Group, once China’s largest developer, defaulted in 2021, followed by…
China’s EV sector burns bright but cannot offset property’s woes
This would tail off in 2027, by which stage EV production would have risen from 6.7mn units last year to about 18mn units. They would account for about 60 per cent of total passenger car…
China’s property investment keeps cooling in first three quarters
China’s investment in property development continued to cool in the first three quarters of 2023, down 9.1 percent year on year, the National Bureau of …
Linklogis Deconstructed By China’s Slumping Property Market
Summary Supply chain financing assets processed over the company’s key platforms fell in the nine months to September as real estate companies’ troubles deepened. The total volume of supply chain …
China’s Economic Miracle Faces a Property Market Test
In the vast labyrinth of China’s property market, a Goliath is trembling. Country Garden Holdings Co., the country’s largest property developer, is caught in a severe funding crisis, an ordeal that …
China’s property crisis: stimulus measures unlikely to prop up beleaguered home sales in the long run, Moody’s warns
The positive impact of mainland China’s property stimulus measures is likely to be short-lived, with home sales remaining sluggish for at least the next six months, according to the credit ratings …
China growth may fall to 2.9% if property crisis widens: S&P
China’s economic growth could drop below 3 per cent in 2024 if the real estate slowdown deepens, according to S&P Global Ratings, underscoring how the ongoing housing crisis remains a serious drag on …
China property crisis: Country Garden debt fallout triggers push by investors for payout on credit default swaps
The failure of Country Garden Holdings to pay a bond coupon has prompted an investor to start pushing for a payout on derivative financial contracts known as credit default swaps (CDS) linked to the …
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