china real estate
China’s Residential Property Sector Faces Transition: February Sees New Home Prices Dip
As new home prices reach a three-year low in February, professional analysis reveals emerging patterns for informed global investors and market observers The residential property sector in China is currently undergoing a significant transition, offering a unique window for market analysts and strategic investors to evaluate long-term value. According to a private survey reported by […]
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China Construction America Ordered to Pay USD 1.6bn Over Conflict of Political Interests
A New York court has ordered China Construction America Inc. (CCA), a subsidiary of Chinese state-owned China State Construction Engineering, to pay USD 1.6 billion to BML Properties, the original owner of the Baha Mar casino resort in the Bahamas after the contractor was found to have committed “many acts of fraud” during its takeover […]
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Chinese Gov’t Asks Top Banks to Provide Over US$84 billion to Rescue Real Estate Sector
China’s financial regulators have asked its six largest banks to provide 600 billion yuan (US$84.32 billion) of financial support in any form including mortgages, loans to developers, and purchases of their bonds, to help recover the real estate sector. Bloomberg News reported on 30 September that this is the latest scheme after a series of […]
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