A view of the city skyline and Huangpu river, ahead of the annual National People's Congress (NPC), in Shanghai, China February 24, 2022. Picture taken February 24, 2022. REUTERS/Aly Song/ ... ( read original story ...)
China unveils sweeping measures to rescue property sector
Chinese authorities have unveiled sweeping measures to rescue struggling property sector, as regulators seek to offset years of harsh pandemic curbs and a real estate crackdown that have stalled the ... ( read original story ...)
China Plan To Restore Sector Liquidity Boosts Property Stocks, Bonds
Chinese property stocks and bonds soared on Monday as the market cheered an extensive package outlined by Chinese regulators to shore up financing in the embattled real estate sector, with the ... ( read original story ...)
China property slump persists in October with falling prices, sales as COVID bites
China's property market continued its slump in October, with private data showing home prices and sales falling, suggesting lacklustre sentiment and a bleak outlook amid strict COVID curbs that have ... ( read original story ...)
Chinese Property Bonds Set Record Lows as Investors Lose Faith
Bonds from some of the strongest developers trade below 10 cents on the dollar; ‘everyone is scared’ By Rebecca Feng – The Wall Street Journal The bottom has fallen out of the market for bonds from ... ( read original story ...)
Shanghai Completes Its $5 Billion Transformation of the Suzhou Creek
Long considered an eyesore, the city’s central river has received a massive overhaul over the past 25 years. That project finally culminated with the launch of a new tourist cruise yesterday. ( read original story ...)
Economic concerns weigh on Shanghai’s retail property recovery
Retail sales fell 12% in the first eight months of 2022. China’s biggest city of Shanghai has enjoyed stronger confidence in its retail market, but economic concerns continue to weigh on consumers, ... ( read original story ...)