Beijing and Shanghai issued their latest round of support measures last December to shore up confidence. The measures seem to have yielded solid results. But analysts say the trend is far from ... ( read original story ...)
Hit Chinese TV show Blossoms Shanghai taps into culture and ignites spending – but can the consumption craze be copied?
Domestic products are increasingly driving consumption in China at a time when retail choices have begun to shift away from the long-time pursuit of international brands, according to economic ... ( read original story ...)
China Property Slump: New Home Prices Fall At Fastest Pace In Nine Years
Prices in Shanghai, however, were up 0.2% ... China’s diminishing workforce will have an ongoing impact on the property sector in the years to come — even as the government attempts to lend support ... ( read original story ...)
Ex-PBoC official: China’s property downturn may continue for two more years
The People’s Bank of China's (PBoC) former director Sheng Songchen said on Saturday at a forum in Shanghai that the property downturn in China may continue for two more years before gaining stability, ... ( read original story ...)
Chinese stocks’ darkest days may be over as earnings rebound, property recovery seen lifting gloom in 2024 – UBS
Swiss bank UBS is predicting the worst may be over for Chinese stocks after three straight years of losses that wiped out US$1.4 trillion, as it bets on a corporate earnings recovery and government ... ( read original story ...)
Police detain executive at China Evergrande’s EV unit. Property sector shows fresh signs of distress
A top executive of China Evergrande's electric vehicle company has been detained by police in the latest sign of trouble for the world's most heavily indebted property developer. China Evergrande New ... ( read original story ...)
China’s retail property markets to benefit from consumption recovery as Beijing tops fourth quarter performance
Beijing's retail property market saw a drop in the average vacancy rate in the last quarter of 2023, while rental rates increased Higher demand in Shanghai's retail property market was offset by the ... ( read original story ...)