Shanghai-based Yuzhou Group Holdings on Wednesday forecast a massive annual loss, as a severe slowdown in China's real estate sector hurt its operations. Yuzhou is the latest in a series of Chinese ... ( read original story ...)
Opening-up, stress on value chains praised
"In this context, China's ambition of high-quality opening-up that focuses on increasing trade and attracting foreign direct investment flows is very welcome," he said, adding that the country has ... ( read original story ...)
China developer Country Garden sees 2022 loss amid property market slump
The company logo of Chinese developer Country Garden is displayed at a news conference in Hong Kong, China March 20, 2018. REUTERS/Bobby Yip ... ( read original story ...)
Chinese property developer CIFI warns of US$2 billion loss for 2022, as the cash-strapped firm formulates plan to repay defaulted offshore debt
Shanghai-based CIFI said that it expected a loss ranging from US$1.87 billion to US$2.02 billion for 2022 The shortfall was mainly attributed to a decline in the number of properties delivered and ... ( read original story ...)
Chinese buyers ready to scoop up ‘better value’ Thailand property for investment, retirement as travel resumes between the 2 countries
Bookings for flights to Thailand from China went up by 67 per cent in February compared to a month earlier, Trip.com data shows Thailand's tourism authority says it welcomed 161,540 Chinese tourists ... ( read original story ...)
Chinese property developer CIFI posts profit warning, as the cash-strapped firm formulates plan to repay defaulted offshore debt
Shanghai-based CIFI said that it expected a loss ranging from US$1.87 billion to US$2.02 billion for 2022 The shortfall was mainly attributed to a decline in the number of properties delivered and ... ( read original story ...)
Li Qiang: China’s New Premier And Xi Loyalist
The ascension of the former Shanghai party chief had previously seemed in doubt ... address the country’s collapsing property market and reassure consumers and investors at home and aboard. But his ... ( read original story ...)