Search For "china real estate"
Think tank highlights China's economic woes amid real estate crisis, reduc
Updated : 1 year, 8 months ago IST
The Chinese economy has continued to struggle throughout the year, showing no hopes of a strong-paced post-pandemic recovery which was predicted by many analysts. The reopening boom after Covid never became real for China.
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Chinese authorities attempt to revive declining real estate sector
Updated : 1 year, 9 months ago IST
The Chinese authorities have planned to use regional bonds to fund their project of purchasing idle land from cash-strapped property developers of China intended for the construction of affordable housing
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China's real estate crisis: Shanghai-based property giant Shimao Group fac
Updated : 2 years, 1 month ago IST
Amid the real estate crisis in China, another Shanghai-based property giant Shimao Group said on Monday that it had received a liquidation petition from a Chinese state-owned bank.
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Over 230 home developers filed for bankruptcy in China last year: Report
Updated : 2 years, 3 months ago IST
According to the report, the highest number of applications were received from the Zhejiang province with 36 cases, accounting for 15.45 per cent of the nation's total. Hunan and Guangdong provinces were second and third, respectively.
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IMF cuts China growth forecast amidst its real estate crisis
Updated : 2 years, 7 months ago IST
Many emerging market economies proved quite resilient and surprised on the upside, with China an exception, which was facing growing headwinds from its real estate crisis and weakening confidence, IMF noted in its latest World Economic Outlook report, released on Tuesday.
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China's economic slowdown continues, real estate at persistent risk
Updated : 2 years, 8 months ago IST
Quoting data released on Friday for prices of new apartments in 70 large and medium-sized cities across China, Goldman Sachs calculated that prices fell in August at a seasonally adjusted annual rate of 2.9 per cent, compared with 2.6 per cent in July.
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China’s biggest homebuilder ‘Country Garden’ on verge of financial collaps
Updated : 2 years, 8 months ago IST
As China's economy has slowed recently, the already slow real estate market has come to a complete halt, putting Country Garden, which has a total debt of over USD 187 billion, in peril.
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China: Real estate crisis exposes reality of Beijing’s property boom
Updated : 2 years, 9 months ago IST
The property crisis in China, which has led to billions of dollars flowing out of the country, is not just Beijing’s own making but has also exposed the ‘reality’ of Beijing’s property boom, New York Times reported.
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Real estate giant's financial crisis threatens Chinese economy
Updated : 2 years, 9 months ago IST
However, the issue is considerably more widespread than just one business, and the timing is quite poor. According to the New York Times, Country Garden's default would be the most recent in a spate of failures in a housing market that has been struggling for years.
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China's property sales static despite central bank enacting policies to st
Updated : 3 years, 3 months ago IST
According to China Real Estate Information Corporation (CRIC), there is a consensus that the real estate sector is on a downward spiral and is truly heading for an era of negative growth.
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Chinese govt faces crisis involving thousands of unfinished apartments ami
Updated : 3 years, 4 months ago IST
People are now refusing to repay their mortgages and price declines in the existing-home market are the sharpest in nearly a decade, according to Giuliani.
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China's real estate sector poses 'large risks' to shadow bank lending: Moo
Updated : 3 years, 7 months ago IST
Singapore, September 28 (ANI): China's property sector still poses "large risks" to shadow bank lending amid ongoing liquidity stress, despite the falling proportion of shadow banking in the industry, Moody's Investors Service said.
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