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Category: PROPERTY

Posted on July 4, 2022

China Completes Construction of $160 Million Parliament in Zimbabwe, to be Given to the Country as a Gift

China gifts Zimbabwe with a $160 million parliament building in the capital of Harare which has gotten many people wondering about the true intentions of China …

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Posted on July 4, 2022

How China’s Property Developers Got Into Such a Mess

Construction and property sales have been the biggest engines of economic growth since President Xi Jinping came to office a decade ago. Home prices skyrocketed — surging sixfold over the past 15 …

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Posted on July 4, 2022

China wants to control how its famous livestreamers act, speak, and even dress

Livestreaming took off in China in 2016 and has since become one of the nation’s favorite ways to spend fragments of free time, with 635 million viewers. Top livestreamers command audiences in …

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Posted on July 4, 2022

China property managers escape sector blues

Despite China’s property sector being engulfed in a crisis, a portion of the industry is thriving, leading to some optimism about improving liquidity for the rest of the market. “Property development …

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Posted on July 4, 2022

China real estate firm misses $1B bond payment

Chinese real estate development company Shimao Group Holdings Ltd. revealed on Sunday that it was not able to repay offshore bonds totaling over $1 billion even though they matured on July 3.

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Posted on July 4, 2022

Iron ore extends sell-off as China demand outlook darkens

Dalian and Singapore iron ore futures tumbled on Monday, weighed by a gloomy demand outlook for the steelmaking ingredient in China, where many steel mills are nursing losses and cutting production.

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Posted on July 4, 2022

China NFTs: Tencent and Ant Group join industry pledge to ban cryptocurrency and fight speculation

In a new ‘self-discipline initiative’, China’s biggest tech firms agreed to enforce real-name authentication for NFT buyers and to avoid secondary marketplaces The agreement, which is not legally …

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