China Home Sales Slump Intensified in September, Before Stimulus
WEB1 day ago — The value of new-home sales from the 100 biggest real estate companies fell about 37.7% from a year earlier to 251.7 billion yuan ($35.9 billion), faster than the 26.8% declinein August, according ...
China's top leaders call for halting real estate decline
WEB5 days ago — China's Xi and top leaders call for halting real estate decline, responding to public concerns. China aims to stop the property slump, top leaders said Thursday in a readout of a high-level ...
China’s Property Market: Explaining the Boom and Bust
WEB1 day ago — In April of this year, multiple sources reported that Goldman Sachs had made a heart-stopping prediction: It would take $2.1 trillion to fix China’s property sector. Some of those fixes include ...
China's Xi and top leaders call for halting real estate decline ...
WEB5 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.
China is trying to end its ‘epic’ property crisis. The hard work is ...
WEBMay 21, 2024 — Beijing has launched its most ambitious plan yet to rescue its property market, a development that investors have eagerly anticipated for months. But it’s far from certain that the measures...
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’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.
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...
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.