SHANGHAI: Shimao Group Holdings has put on sale all of its real estate projects, including both residential and commercial properties, as the cash-strapped Chinese property developer accelerates asset ... ( read original story ...)
Shimao Group’s Shanghai unit defaults on US$101m project loan in latest blow to China’s embattled property market
The start of 2022 has been turbulent for Chinese developers as mountains of debt come to maturity, adding to their financial woes. ( read original story ...)
China property tax trial likely delayed during real estate downturn
China’s property tax could be another casualty of the slump in the housing market, with analysts expecting the government to hold off on expanding trials of the levy because of a real estate-led ... ( read original story ...)
China Property Tax Trial Likely Delayed During Real Estate Slump
China’s property tax could be another casualty of the slump in the housing market, with analysts expecting the government to hold off on expanding trials of the levy because of a real estate-led ... ( read original story ...)
China may delay its much-feared property tax amid price slump in nation’s real estate industry
China has talked about a nationwide property tax for over a decade, making renewing the push in October in pursuit of the nation’s common prosperity drive, but nothing has happened so far. ( read original story ...)
China stocks fall after hawkish Fed minutes; property, consumption drop
China stocks fell on Thursday, tracking a global slump after Federal Reserve meeting minutes pointed to a faster-than-expected rise in U.S. interest rates, led by losses in real estate developers and ... ( read original story ...)
Kilpatrick Townsend Appoints New Shanghai Managing Partner
Charles Gray, who is fluent in Mandarin, was a founding member of the Shanghai office when it opened in February 2017. ( read original story ...)