Real Estate

China’s Guangzhou Fully Eases Large Home Purchase Limits

The move “will help accelerate a reduction of housing inventory and promote activity of the property market," one analyst said

3 weeks ago

China Evergrande Facing Potential Wind-up Hearing on Monday

A Hong Kong Court is due to hear applications on Monday to wind up the world's most indebted developer in…

4 weeks ago

Bid to Help China Property Groups Lifts Shares ‘But May Not Work’

Move to relax lending rules seen as unlikely to have a significant impact because banks won't lend to private developers…

4 weeks ago

Chinese Investors Keen on Banned Crypto, as Stocks Lost Value

Crypto trading has remained popular in China despite being banned on the mainland three years ago; endorsement of crypto in…

4 weeks ago

Pressure on Evergrande as Bondholders Join Liquidation Petition

The group owns more than $2 billion in offshore notes guaranteed by the real estate firm which faces $300bn in…

4 weeks ago

Mortgage Delinquencies in China Soared by 43% in 2023

The number of foreclosed home deals in China jumped by well over a third to nearly 390,000 in 2023, while…

1 month ago

Chinese Economy is in Trouble, US Nobel Laureate Says – NYT

Leading US economist Paul Krugman says China masked its inadequate consumer spending for years by promoting an "insanely large" real…

1 month ago

China’s Property Struggles Deepen as New Home Prices Dive

It’s feared the unrelenting downturn in the sector that accounts for around a quarter of China's economy could drag on…

1 month ago

China Saw 5.2% Growth Last Year, But 2024 Likely to be Tougher

A slew of economic readings early on Wednesday suggest China lost more momentum heading into the new year, despite a…

1 month ago

China’s Economic Slowdown Deters Dreams of Marriage, Children

The economic slowdown and uncertainty over jobs has led to many young Chinese opting to stay single and give up…

1 month ago

Country Garden Warns of ‘Severe’ Tests in China Property Market

"The challenges to be faced by the company this year may be more severe than we imagine; we have to…

1 month ago

China’s Deflation And Weak Economy Point to Another Bumpy Year

Consumer prices fell for a third month in December while factory-gate prices extended a more-than-year-long decline, data from the National…

1 month ago