The dangerous bubble which for years has been brewing in China's housing market is bursting, changing the country's economy in a way that's still hard to predict, even for economists. The property ...
The concentrated nature of the real estate industry in China was a key factor triggering the ongoing property market crisis in the country, a new study by the University of Michigan has found. In 2018 ...
Average housing rents in Chinese cities slid to a four-year low in November due to supply gluts and job market weakness, potentially prolonging the country's property price slump, according to Nikkei ...
Years of inattention to building an adequate safety net for seniors, the jobless and others in financial stress have left Chinese consumers afraid to spend. By Keith Bradsher Reporting from Beijing In ...
Policymakers, wary of inciting reckless borrowing in real estate, are instead investing heavily in factories and trying to help indebted local governments. By Keith Bradsher Reporting from Guangzhou ...
China's slowdown worsened in October, dragged by soft consumer demand and a deepening property downturn, with the long holiday period further denting factory activity.
BEIJING -- When he bought an apartment near a good high school in northeast Beijing in 2020, Zhou Fujin expected that renting it out would cover most of his mortgage. But the apartment's value and the ...
Ignominy comes quickly in China. Just a few years ago, Evergrande Group was the pride of the nation. The real estate giant was for a time China’s biggest constructor with more than 1,300 projects in ...
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