Search For "property market"
China strives to increase consumer spending as factory sector continues to
Updated : 2 years, 7 months ago IST
China's GDP expanded by only 0.8 per cent in the second quarter of this year, a sharp decline from the meagre 2.2 per cent growth it had in the first three months of 2023. According to CNN, there has been a decline in consumer spending, a decline in the property market, and an increase in th
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Hong Kong's weak commercial property market squeezing out coworking space
Updated : 2 years, 8 months ago IST
In July, flexible working space office operator The Great Room closed its flagship space in CK Hutchison's Cheung Kong Centre.
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China's local governments finding it difficult to service debt as fiscal p
Updated : 2 years, 9 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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Slowdown in realty market adds to China's economic woes: Report
Updated : 3 years, 3 months ago IST
The risk of the Chinese ecnomy going into a tailspin has increased, with the country's realty sector facing a crisis due to extreme borrowings by construction contractors, reported Channel News Asia.
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Naiknavare Developers' landmark Commercial Project '7 Business Square' clo
Updated : 3 years, 3 months ago IST
Pune (Maharashtra) [India], November 23 (ANI/Hunk Golden and Media): Naiknavare Developers, renowned for its well-thought-out community-centric residential and commercial projects in Mumbai, Goa, and Pune, has created a highly coveted, landmark commercial real estate project, 7 Business Squa
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As the property market continues to slump in China, are property investors
Updated : 3 years, 3 months ago IST
Last week, the Chinese government released data which showed that new home prices fell at their fastest rate in over seven years, while property sales measured by floor area fell for a 15th straight month in October.
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China fails to provide stimulus to the plummeting economy
Updated : 3 years, 6 months ago IST
Beijing [China], September 16 (ANI): In the backdrop of the plummeting property market and continuing COVID lockdowns which have hurt the country's business sector immensely, China's intention to not provide help to citizens economically by giving out economic stimuli such as subsidies is un
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China's property market woes risk fate of financial system
Updated : 3 years, 6 months ago IST
Hong Kong, August 29 (ANI): China's property market continues to witness a downward trend as a series of mainland developers report sharp slowdowns and even reversals from last year's robust first-half profits before the current crisis unfolded.
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Gurugram continues to be the preferred choice of investors and end-users
Updated : 3 years, 6 months ago IST
Gurugram (Haryana) [India], August 26 (ANI/NewsVoir): Gurugram has grown into a vibrant real estate hotspot over the years. Property markets in the city have been buoyed by demand for spacious homes, high-quality office space, and larger warehouses. With the growing trend of remote working,
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Cracks emerge in Beijing's financial system after homebuyers resent agains
Updated : 3 years, 6 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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China scrambles to defuse anger over frozen bank accounts
Updated : 3 years, 7 months ago IST
Hong Kong, July 18 (ANI): To address rising public anger over frozen deposits at some rural banks in the country, the Chinese bank regulator has pledged to boost capital buffers for thousands of small banks which are facing worsening balance sheets amid a weak economy and a slump in the prop
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Chinese real estate developers accepting watermelons as payment
Updated : 3 years, 8 months ago IST
Beijing [China], June 3 (ANI): The deep recession in China's property market has compelled real estate companies to float a bizarre marketing strategy to lure home buyers.
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