Embattled Zhenro Properties Group Ltd. defaulted for the first time, giving investors in the Chinese property sector a reality check after stocks and bonds rallied in recent weeks. Most Read from ... ( read original story ...)
Chinese equities fall as Shanghai lockdown squeezes supply chains
Electric carmaker Nio led Chinese markets lower on Monday as traders grappled with severe supply chain disruptions in China caused by authorities cordoning off Shanghai from the r ... ( read original story ...)
China banks allow mortgage payment holiday in Covid-19-hit Shanghai
It is part of the nation's broader efforts to support the financial hub in its Covid-19 fight. . Read more at straitstimes.com. ( read original story ...)
Shanghai discharges thousands of patients and boosts supplies amid COVID-19 wave
Workers unload supplies including boxes of masks in Shanghai as the city begins lifting some of its strict COVID-19 restrictions. (AP) Property News: Sunny playground where the growth is only just ... ( read original story ...)
Provinces need to work at full speed to make up for loss in Shanghai
If warranted, provinces and cities in China should consider issuing coupons to boost retail sales and domestic consumption across Chinese households, including promoting sales of big-items like ... ( read original story ...)
‘Group-Buying’ Becomes a Lifeline for Hungry Shanghai Residents
Communities are banding together to place bulk orders directly with food companies, as e-commerce services in the city remain totally overwhelmed. ( read original story ...)
Chinese Property Sector’s Go-Go Days Aren’t Coming Back
It has long been a reliable bet for investors that whenever China’s housing market slows down, Beijing eventually comes riding to the rescue—and usually overdoes it. This time things will be different ... ( read original story ...)