Real Estate

China Seen Offering Cheap Loans to Boost Developers’ Funds

China's central bank will offer loans with a rate much lower than the benchmark interest rate so financial institutions can…

2 months ago

China Banks Promise Ailing Developers $162 Billion in Credit

Real estate firms’ shares rallied after the move from China’s biggest commercial banks with some stocks rising 18%

2 months ago

China Planning ‘Timely RRR Cuts’ to Boost Liquidity

Economic activity in the fourth quarter "is crucial for full-year growth", according to the State Council meeting chaired by Premier…

2 months ago

Three China Banks Offer Billions to Vanke, Other Developers

Three state banks said on Wednesday they would provide hundreds of billions of yuan in credit to Vanke, Longfor and…

2 months ago

Wuhan Officials Reclaim Land From Debt-Laden China Evergrande

Jianxia district officials reclaimed over 134 hectares (332 acres) of land previously held by a unit of the debt-laden developer

2 months ago

‘More Buyers Needed’ Before China Property Market Revives

The economic fallout of Covid lockdowns in many cities led to many buyers putting off plans to take on debt…

3 months ago

Evergrande Pins Hopes on Onshore Asset Sweeteners Plan

China Evergrande, faced with $300 billion in liabilities, is set to start negotiating debt restructuring terms next month

3 months ago

China Home Prices See Biggest Drop in Seven Years in October

New home prices slumped 1.6% year-on-year, according to NBS data, falling for the sixth consecutive month. That is the biggest…

3 months ago

China’s Economy Slows as Retail Sales, Factory Output Slip

China's retail sales dropped in October, for the first time in five months, and factory output grew more slowly than…

3 months ago

China Property Stocks Soar Over Push to Boost Liquidity

A package of support measures from the PBOC and banking officials was hailed by some analysts as a "turning point"…

3 months ago

China Evergrande HQ Land up For Sale at $1 Billion

Construction at the site has been halted since September 2021, with Evergrande facing more than $300 billion in liabilities

3 months ago

China’s Rich Eye Life Abroad as Their Assets Shrink – SCMP

Immigration consultants said anxiety is spreading among China's rich over the socialist policy direction favoured by Xi Jinping's government, the…

3 months ago