British real estate services firm Savills and its US counterpart Jones Lang LaSalle have both said their clients’ long-term investment plans in Shanghai’s commercial property market remain unchanged ... ( read original story ...)
China’s property crisis: who and what will save the indebted developers in the world’s largest real-estate market?
Anxious to avoid the civil unrest that would almost certainly follow a collapse in the housing market, local authorities are relaxing their stranglehold on the property sector. But will it be enough? ( read original story ...)
Shanghai economy hit on all sides in April by COVID-19 lockdown
BEIJING: China's commercial hub of Shanghai reported on Friday (May 20) a broad decline in its economy last month when a city-wide COVID lockdown shut factories and kept residents at home, sparking ... ( read original story ...)
Shanghai detects new COVID-19 cases outside quarantined areas
Shanghai announced its first new COVID-19 cases outside quarantined areas in five days on Friday and imposed stricter curbs in two districts, but did not signal any change to the planned end of a city ... ( read original story ...)
Shanghai breaks ‘zero COVID’ streak, finds fresh cases outside quarantined areas
The commercial hub of 25 million, in its seventh week of lockdown, has been slowly allowing more people to leave their homes in recent days, with many residential compounds issuing passes for brief ... ( read original story ...)
Chinese Property Sector Slip Slidin’ Away
China’s collapsing housing sector is like a slow-moving train wreck - everyone knows what the situation is but no one is game to pull on the emergency cord to try and avert a disaster now well ... ( read original story ...)
Shanghai faces ‘huge’ pressure to remain COVID-free as end to lockdown looms
SHANGHAI: Health authorities in Shanghai face huge pressure to keep COVID-19 at bay the longer the city goes without a new community infection with residents counting down the days until Jun 1 and the ... ( read original story ...)