Supporting this perspective, a Shanghai court recognized Bitcoin as virtual property in May 2022, thereby strengthening legal rights for cryptocurrency in China. Despite China's official stance ... ( read original story ...)
Chinese Property Woes Continue to Pile Pressure on Asian Markets
Problems across the property sector in the world’s second-largest economy continue to be a headwind for Asian markets, with more woes from Chinese real estate group Evergrande ushering in a selloff to ... ( read original story ...)
Asian Shares Mixed Amid China Property Concerns
Asian stocks ended mixed on Monday as concerns about China's property market returned to the fore and investors awaited inflation ... ( read original story ...)
Hong Kong stocks tumble after China Evergrande scraps creditor meetings, triggering concerns about the property sector
Hong Kong stocks open weak after China Evergrande Group, the world’s most indebted developer, said it would cancel creditor meetings dealing a setback to its debt restructuring plans. ( read original story ...)
China economy best revived by easing of property restrictions
Pilot property taxes were first introduced in Shanghai and Chongqing in 2011 to curb rising house prices and speculation, but the tax sizes were comparatively small. The new draft law would have gone ... ( read original story ...)
China’s property crisis weighs on developing Asia’s 2023 growth outlook – ADB
Men work near residential apartment blocks under construction on the outskirts of Beijing, China November 29, 2017. REUTERS/Thomas Peter/File Photo ... ( read original story ...)
Guangzhou relaxes home purchase restrictions, Beijing, Shanghai, Shenzhen may follow as China steps up property easing
Guangzhou relaxes home purchase restrictions, becoming the first among tier-one cities to take such a step, and analysts expect Beijing, Shanghai, and Shenzhen to follow suit to prop up the sluggish ... ( read original story ...)