Some of China's state-backed financial institutions are pushing back on Beijing's calls to support the embattled property sector due to concerns about the impact of such exposure on their balance ... ( read original story ...)
China’s property market is in freefall. What does this mean for the world economy?
The sector is dangerously overheated – but unlike the 2008 financial crisis, the global ripple effect is likely to be limited, says professor of economics Keyu Jin ... ( read original story ...)
China stocks fall as property woes, COVID concerns weigh
Article content ** Real estate developers lost 1.4%, after closing almost flat in the previous session, even as China cut its benchmark lending rate and lowered the mortgage refer ... ( read original story ...)
China needs ‘non-traditional’ cure for housing slump as third rate cut fails to inspire property stocks, money managers
Chinese lenders cut their lending rate closely linked to home mortgages. The market reaction was muted as Poly Development and peers languished in onshore markets. ( read original story ...)
COVID policies, property woes rain on China’s parade
Beijing's zero-COVID-19 policies and property market woes are weighing on the consumers China is counting on to steady its economy. ( read original story ...)
A Shanghai lane house with a story to tell
The spacious lane house in the city center is a haven for Lucy and Richard Young, one filled with treasured pieces and memories from their 17 years of living in Shanghai. The charm of the home is in ... ( read original story ...)
China’s first publicly traded rental property REITs snapped up by investors
China's first batch of publicly traded rental property real estate investment trusts (REITs) was snapped up in Shanghai and Shenzhen by yield-hungry investors this week, opening up a new financing ... ( read original story ...)