Prices of most base metals fell on Monday on heightened concerns over China's property sector, once considered a pillar of its economy and a key consumer of metals, and on a stronger dollar. ( read original story ...)
China’s economic recovery faces fresh risks from property crisis
Data due on Tuesday expected to show only moderate rises in industrial output, retail sales and fixed-assets investment. Read more at straitstimes.com. ( read original story ...)
Once Asia’s richest woman, China property tycoon loses more wealth than any billionaire
Yang Huiyan, the once-richest woman in Asia, lost 84% of her wealth from its peak in 2021 due to the deepening debt crisis of her Chinese property dev ... ( read original story ...)
Are Chinese houses for speculation now? Property investors say no
By Liangping Gao, Ella Cao and Marius Zaharia BEIJING/HONG KONG (Reuters) - Shanghai businesswoman Kate Ren might have hoped that after Chinese leaders removed the slogan "houses are for living, not ... ( read original story ...)
China’s Property Market Is Critical for Growth. Now It’s Broken.
China's massive real-estate market is back in trouble after a first-quarter flicker that the sector might be stabilizing. ( read original story ...)
China’s property crisis deepens as another huge developer risks default
Investor confidence in China’s troubled property sector has been rocked again this week by reports that one of the country’s largest private building conglomerates missed interest payments on two ... ( read original story ...)
Can China solve its property crisis?
Property, a mainstay of China’s economy, is in deep trouble. Tougher banking regulations, a slowing economy and massive over-supply are pushing developers to the brink. ( read original story ...)