The Asian Development Bank (ADB) projects a promising 4.9 per cent growth rate for the region’s economy …
China’s property market
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BanksFeatureInternational NewsMoneyNewsReal Estate
Chinese Shimao receives wind-up petition in H. Kong
by Nada Aliby Nada AliChinese developer Shimao Group received a liquidation petition from China Construction Bank (Asia) against it in Hong …
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International NewsNewsReal Estate
China’s home prices see fastest rate in 2.5 yrs
by Nada Aliby Nada AliNew home prices in China increased at the fastest rate in over two and a half years …
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FeatureIndustry & TradeInternational NewsNews
China’s industrial profits up 10.2% in first 2m
by Nada Aliby Nada AliChina’s industrial profits surged 10.2 per cent in the first two months of the year, rebounding from …
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FeatureInternational NewsMoneyNewsReal Estate
Chinese households struggling over mortgage delinquency
by Nada Aliby Nada AliFormer finance worker Lei Xiaoyu in a southern Chinese city is being pursued by debt collectors due …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
China’s exports jump 7.1% in Jan-Feb
by Nada Aliby Nada AliChina’s exports were up 7.1 per cent year-on-year, surpassing expectations, while imports also grew by 3.5 per …
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FeatureInternational NewsNewsReal EstateTech/AI
China sets 5% growth target for ’24
by Nada Aliby Nada AliChinese Premier Li Keqiang announced 2024 economic growth target of around five per cent, pledging to transform …
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FeatureInternational NewsMoneyNewsReal Estate
China’s Country Garden faces liquidation petition
by Nada Aliby Nada AliChinese developer Country Garden is facing a liquidation petition for non-payment of a $205 million loan, which …
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BanksFeatureInternational NewsNewsReal Estate
Chinese banks issue $17b in whitelist loans
by Nada Aliby Nada AliChina’s housing regulator has given the green light to 123.6 billion yuan ($17.20 billion) in development loans …
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FeatureInternational NewsNewsReal Estate
China cuts key mortgage rate to revive market
by Nada Aliby Nada AliChina announced its largest ever reduction in the benchmark mortgage rate on Tuesday, in an effort to …