Falling apartment prices have erased the savings of millions of Chinese households, but exports lifted the economy to 5 percent growth last year.
China’s real estate market is hitting new lows despite the country’s growing trade revenue. New home sales in the nation have fallen to their lowest level in more than 15 year ...
By Clare Jim HONG KONG, Feb 2 (Reuters) - China's embattled property market has had a recent run of positive headlines, but private real estate developers and analysts alike caution that the sector ...
China's property crisis could worsen, with home prices potentially falling 10% by 2027, according to Goldman Sachs. The crisis began in 2021 due to lending curbs aimed at reducing financial risk.
Intended as China’s version of Dubai’s palm-shaped artificial island, Ocean Flower Island is a $12 billion monument to ...
For much of the past decade, China’s real estate sector has been a key driver of economic growth, contributing roughly a quarter of the country’s GDP. However, since 2021, the industry has become a ...
The shares of China’s most indebted property giant Evergrande have been taken off the Hong Kong stock market, marking the end of its life as a publicly traded company that symbolised the rise and fall ...
After a challenging three years for China’s real estate sector, a government stimulus package and improving macroeconomic conditions have raised hopes that the industry has turned a corner China’s ...
The real estate industry, one of the pillar sectors of the national economy, has played a pivotal role in China’s economic development since the reform and opening‑up. In recent years, driven by ...
China's Communist Party journal published a rare article on Jan. 1 outlining the need to increase real estate sector support. It's significant, as it reflects the most comprehensive assessment in the ...