China's top leaders call for halting real estate decline
WEB4 days ago · Real estate once accounted for more than a quarter of China's economy. The sector has slumped since Beijing's crackdown in 2020 on developers' high levels of debt. But the decline has also...
China’s beleaguered real estate shares jump almost 10% after …
WEB1 hour ago · China’s property stocks gained after three major Chinese cities—Shanghai, Shenzhen, and Guangzhou—lowered restrictions constraining property transactions.
China Stocks Surge After Mortgage Curbs Are Removed - The …
WEB11 hours ago · China Removes Curbs on Home Buyers, Sparking Stock Market Surge After seeing prices decline for years, Chinese officials have made a burst of policy changes aimed at making easier to buy...
China's Xi and top leaders call for halting real estate decline ...
WEB4 days ago · BEIJING — China aims to stop the property slump, top leaders said Thursday in a readout of a high-level meeting published by state media. Authorities "must work to halt the real estate market...
China is trying to end its ‘epic’ property crisis. The hard work is ...
WEBMay 21, 2024 · Ting Lu, chief China economist at Nomura, who has called the country’s housing problem “epic,” says just finishing construction of pre-sold homes would require at least 3.2 trillion yuan ...
What to know about the collapse of China's Evergrande real estate ... - NPR
WEBJan 30, 2024 · A Hong Kong court has ordered the liquidation of the Evergrande Group, China's giant and massively indebted real estate developer, after the company was unable to restructure the $300 billion...
China unveils 'historic' steps to stabilise crisis-hit property sector
WEBBEIJING/HONG KONG, May 17 (Reuters) - China announced "historic" steps on Friday to stabilise its crisis-hit property sector, with the central bank facilitating 1 trillion yuan ($138 billion) in...
China’s Real Estate Crisis ‘Has Not Touched Bottom’
WEBJan 30, 2024 · The unwavering belief of Chinese home buyers that real estate was a can’t-lose investment propelled the country’s property sector to become the backbone of its economy.
What to Know About China’s Real Estate Crisis - The New York Times
WEBAug 21, 2023 · China’s markets have tumbled and its currency has weakened as officials take action to spur growth. Here’s what you need to know: What’s going on with real estate and China’s economy?
How China’s property crisis has unfolded, from Evergrande to …
WEBOct 23, 2023 · New home prices, the main gauge of the real estate market in China, have fallen in some major cities but remain buoyant in others.