China: Presales of properties sinks to 18-year low amid halting p

Reportedly, preselling of real estate properties allows the developers to recover their investments faster, and...

New house sales see slump amid property crisis in China

Property prices fell by 0.6 per cent in June continuing for the last 14 months, Nikkei Asia quoted data from China's...

China: Amid property sector woes, Country Garden delays earnings

In a filing provided to the Hong Kong stock exchange on Thursday, the company said it needed more time to collect...

Indian economy under PM Modi offers 'real alternative' to China

The report highlighted that market watchers are quite keen on Prime Minister Narendra Modi's return to power for a...

'Indian economy under PM Modi offers ‘real alternative’ to China'

The report further highlighted that market watchers are quite keen on Prime Minister Narendra Modi's return to...

Chinese property giants hit hard with nearly USD 3 billion in for

The total net foreign exchange losses for 24 of the top 30 mainland listed Chinese developers by contracted sales...

Country Garden faces loss of USD 7 billion in first half of 2023

Country Garden, one of China's property developers, said that it has faced a loss of USD 7 billion during the...

Chinese property developer Country Giant warns of USD 7.6 bn loss

One of China’s biggest property developers, Country Garden, says it has burned through up to USD 7.6 billion in the...

Real estate crisis exposes reality of Beijing’s property boom

The property crisis in China, which has led to billions of dollars flowing out of the country, is not just Beijing’s...

China's local govt used fake property deals to boost revenue

China's local government inflated revenue by around USD 12 billion last year through fake land sales, the national...

'China mute witness to foreign investors buying property'

China is a mute witness to foreign investors buying property on its mainland as the country faces foreclosure of...

"China's local governments finding it difficult to service debt"

According to S&P Global Ratings analysts, local government direct debt exceeded 120 per cent of revenue in 2022.