Kerry Properties' mega project is coming up on two land parcels the developer acquired for a combined US$3 billion The mixed-use project, with a total gross floor area of 663,000 sq m, will have homes ... ( read original story ...)
Unpaid workers, silent sites: Property woes hit Country Garden
At an unfinished Country Garden residential complex on the outskirts of the northern Chinese metropolis of Tianjin, construction has slowed, and a few idle workers roam a near-empty site. ( read original story ...)
From Yayoi Kusama to Amedeo Modigliani: Shanghai’s Long Museum Founders to Sell 50 Major Works of Art
“Major examples” of modern and contemporary art by Amedeo Modigliani, Zao Wou-ki, René Magritte, David Hockney, Matthew Wong, and Yayoi Kusama will be among 50 pieces on the auction block, Sotheby’s ... ( read original story ...)
Putuo leads Shanghai’s elevator installation drive in old buildings
Putuo District has announced plans to put in place an additional 400 elevators in aging residential buildings, making it a leader in Shanghai's elevator installation campaign. ( read original story ...)
China’s property crisis is a US$261 billion credit pain for lenders, trust firms and insurers, Goldman says
China’s lenders, trust firms, insurers and other investors could face US$261 billion of credit losses as the nation’s property developers fall behind debt repayments, according to analysts at Goldman ... ( read original story ...)
China Construction Bank H1 profit up 3.36%
BEIJING/SHANGHAI (Reuters) - China Construction Bank Corp (CCB), the first of the country's Big Five lenders to report half-year results this week, posted a 3.36% rise in first-half net profit on ... ( read original story ...)
Designated guardianship case in Shanghai comes to verdict
It was the first case of designated guardianship by will in the city according to the Shanghai Changning District People's Court, which decided for the sake of the 16-year-old boy surnamed Chen, his ... ( read original story ...)