In an article for Beijing Review, Zhang Weiwei, Director of the China Institute at Fudan University in Shanghai, sheds light on ... ( read original story ...)
Court clears Kanu property deal with Chinese firm
Former ruling party Kanu will complete the sale of a parcel of land to a Chinese firm after the High Court gave it the nod to evict some 44 traders from the contested property. Justice Dalmas Ohungo ... ( read original story ...)
HYATT REGENCY SHANGHAI SONGJIANG UNVEILS A LAKEFRONT RETREAT AT THE ‘ROOT OF SHANGHAI’ (China)
Hyatt Regency Shanghai Songjiang welcomes guests to unwind and connect amidst nature and culture in historic Songjiang district ... ( read original story ...)
Chinese put premium on owning homes. Now Beijing wants to tax them.
China’s debt burden, dubbed a “gray rhino,” has prompted proposals for an unpopular property tax. But will Beijing kick the can down the road again? ( read original story ...)
In China 88-year-old’s US$465,000 property gift nullified by Shanghai court after family reveals Alzheimer’s diagnosis
A court in Shanghai rules that an elderly man who bequeathed his property to a fruit stall owner was unable to ‘perform civil conduct’ because of an Alzheimer’s diagnosis in 2017, nullifying the gift. ( read original story ...)
Embattled Chinese Property Tycoon Turns to Electric Cars. Cue $87 Billion Valuation.
Evergrande founder Xu Jiayin hasn’t sold any cars yet and his real-estate empire is groaning with debt. But his electric vehicle startup recently notched an $87 billion market cap. ( read original story ...)
China’s home prices on sharp rise in April
SHANGHAI: China’s home prices grew at the fastest pace in eight months in April after curbs failed to stem buyer enthusiasm. ( read original story ...)