Falling apartment prices have erased the savings of millions of Chinese households, but exports lifted the economy to 5 ...
China’s real estate market is hitting new lows despite the country’s growing trade revenue. New home sales in the nation have fallen to their lowest level in more than 15 year ...
Intended as China’s version of Dubai’s palm-shaped artificial island, Ocean Flower Island is a $12 billion monument to ...
Major Chinese cities Shanghai and Shenzhen are poised to lift significant home purchase restrictions in the coming weeks, aiming to attract buyers and revitalize their struggling real estate markets.
China's property crisis could worsen, with home prices potentially falling 10% by 2027, according to Goldman Sachs. The crisis began in 2021 due to lending curbs aimed at reducing financial risk.
For much of the past decade, China’s real estate sector has been a key driver of economic growth, contributing roughly a quarter of the country’s GDP. However, since 2021, the industry has become a ...
The real estate industry, one of the pillar sectors of the national economy, has played a pivotal role in China’s economic development since the reform and opening‑up. In recent years, driven by ...
After a challenging three years for China’s real estate sector, a government stimulus package and improving macroeconomic conditions have raised hopes that the industry has turned a corner China’s ...
The shares of China’s most indebted property giant Evergrande have been taken off the Hong Kong stock market, marking the end of its life as a publicly traded company that symbolised the rise and fall ...
China on Friday reported mixed economic data, including strong growth in retail sales, signaling that the country's recent stimulus push has already bolstered certain sectors of its flagging economy.