BEIJING, June 12 (Reuters) – China’s new bank lending rose less than expected in May after contracting the previous month, as a prolonged property downturn continued to weigh on household borrowing.
As China’s economy lumbers amid property crisis, why hasn’t AI helped pick up the slack?
AI might be an economic panacea for the US, but it may not be one for China and the recovery of its real estate industry, one analyst says Unlike the US, artificial intelligence (AI) may not be a …
China’s property market sees stabilization
Photo provided to chinadaily.com.cn] The property markets in most of China’s cities have seen signs of stabilization but more efforts are still needed to make the recovery more solid, industry experts …
IMF: China has taken action on property market problems
Photo taken on Sept 2, 2022 shows the construction site of a residential area in Jiangdong New Area of Haikou, South China’s Hainan province. [Photo/Xinhua] China’s near-zero inflation means it has …
Hong Kong $72 Million Mansion Sale Ranks Among Year’s Largest
A historic Hong Kong residence near the estates of tycoons Pony Ma and Richard Li has sold for HK$563 million ($72 million), marking one of the city’s largest property deals this year.
Hong Kong US$72mil mansion sale to Singapore citizen ranks among its largest property deals in 2026
A historic Hong Kong residence near the estates of tycoons Pony Ma and Richard Li has sold for HK$563 million (US$72 million), marking one of the city’s largest property deals in 2026.
Singapore group buys distressed tower as Hong Kong’s student housing demand accelerates
Acquisition of 26-storey building highlights growing international appetite for city’s distressed assets as banks step up property disposals Singapore-listed developer Wee Hur Holdings is expanding …
Council of Europe rejects Turkish compliance claim in Cyprus property case
Turkey failed to persuade the Council of Europe’s ministerial committee that it has fulfilled its obligations under a landmark European Court of Human Rights ruling concerning property rights in …
China’s real estate market faces regulatory scrutiny
WEI LIANG/CHINA NEWS SERVICE China’s real estate market will require close monitoring by policymakers, and if there is no marked improvement, stronger efforts to mitigate the credit risks of …
IMF Agrees to Cut Taxes on Purchase and Sale of Property in Pakistan
Sources have informed ProPakistani that the International Monetary Fund (IMF) has agreed with the federal government on reducing taxes for Pakistan’s real …