Meanwhile, China’s property sector has lurched from crisis to crisis in recent years, with embattled developer Evergrande filing for bankruptcy in August and fellow real-estate giant Country Garden …
Tagged By property
More Semiconductors, Less Housing: China’s New Economic Plan
Policymakers, wary of inciting reckless borrowing in real estate, are instead investing heavily in factories and trying to help indebted local governments.
China hunts for new industrial ‘pillars’ to replace a wobbly property market
With the property sector, formerly a steady driver of GDP growth, no longer able to deliver, new industries will have to take its place But there is no one sector which can be simply swapped…
China property: Guangzhou issues housing vouchers to those displaced by renewal efforts in move that could spur demand
Guangzhou has become China’s first tier-1 city to introduce housing vouchers to compensate residents displaced under urban-renewal efforts, a move that analysts say will boost local housing demand and …
China’s Real Estate Market Tightens Under Watchful Eyes of the Communist Party
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…
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 …
