Search For "china property market"
China: Presales of properties sinks to 18-year low amid halting projects
Updated : 1 year, 8 months ago IST
Reportedly, preselling of real estate properties allows the developers to recover their investments faster, and provide them cash and cash equivalents for their future projects.
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China's local governments finding it difficult to service debt as fiscal p
Updated : 2 years, 11 months ago IST
According to S&P Global Ratings analysts, local government direct debt exceeded 120 per cent of revenue in 2022.
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Cracks emerge in Beijing's financial system after homebuyers resent agains
Updated : 3 years, 9 months ago IST
Beijing [China], August 24 (ANI): Owing to the deep recession in China's property market, the inability of ailing property developers to convince homebuyers has left new cracks emerging in China's financial system, setting off fresh worries in Beijing and beyond.
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