China just made it easier for people to buy homes, in a move that could affect $3.5 trillion in mortgage loans as Beijing seeks to bail out a property market mired in a record slump and worsening cash ... ( read original story ...)
Shanghai-Shenzhen conference enhances sci-tech cooperation
Innovating the Future," a joint Shanghai-Shenzhen sci-tech innovation cooperation and development exchange conference hosted by the Luohu Science and Technology Innovation Bureau, was held on Aug. 25 ... ( read original story ...)
New Hotel In Shanghai Disney Resort Starts Construction
The third themed hotel in Shanghai Disney Resort started construction on Thursday, according to the resort management. ( read original story ...)
Raimondo Revives China Business Talks But Delivers No Deals
US Commerce Secretary Gina Raimondo won a promise to revive business talks between Washington and Beijing, a key step as both sides look to ease tensions. But American firms were left wondering if ... ( read original story ...)
Construction resumes on Shanghai residential complex amid mortgage boycott fears
The developer of an unfinished residential complex in downtown Shanghai facing a potential mortgage boycott has resumed construction amid pressure from local authorities. ( read original story ...)
Inside the downfall of embattled property developer China Evergrande
By Engen Tham, Julie Zhu, Clare Jim SHANGHAI/HONG KONG -In the beginning, Hui Ka Yan followed a simple formula. Borrow to buy land. Sell homes on the site before they are built. Use the cash to pay ... ( read original story ...)
How Evergrande’s collapse foreshadowed China’s property crisis
In the beginning, Hui Ka Yan followed a simple formula. Borrow to buy land. Sell homes on the site before they are built. Use the cash to pay lenders and finance the next real estate project. ( read original story ...)