As gas shortages leave Tashkent residents freezing amid the harshest winter in 15 years, the city’s business-magnate mayor has been kicked out into the cold. President Shavkat Mirziyoyev had stood by …
This is where India’s super rich put their money – they love property more than western counterparts
India’s ultra-high net worth individuals love buying property as an investment and own 5 homes on average as compared to their western counterparts. Where else do they put their money?
India’s rising home prices, rentals a new inflation threat
Housing has turned sticky and is being watched closely for indications of second-order effects, a senior official aware of the Reserve Bank of India’s (RBI) thinking said. Urban housing inflation rose …
China’s economy grew 3% in 2022, weighed down by Covid rules and property slump
China reported GDP growth for 2022 that beat expectations as December retail sales came in far better than projected.
China’s 2022 property investment falls for first time since 1999
China’s property investment fell 10.0% year-on-year in 2022, the first decline since records began in 1999, compared with a decline of 9.8% in the first 11 months of the year, official data showed on …
China Bad-Debt Firms Plan Property Support of Up to $24 Billion
Chinese financial regulators and the nation’s biggest bad-debt management companies plan to offer as much as 160 billion yuan ($24 billion) of refinancing support to high-quality developers in the …
China property sector’s drag on economic growth in 2023 lower than 2022
The Chinese property sector’s drag on economic growth will be significantly lower than 2022, and demand for genuine and improved housing is huge, which will effectively support the industry, Kang Yi, …
China’s growth falls to second-lowest level in decades last year, but is improving
The world’s No. 2 economy grew by 3% in 2022, less than half of the previous year’s 8.1% rate, official data showed Tuesday.
JPMorgan sees sustained rally in Chinese equities, upgrades property bonds on recovery prospects
China reopening has quickened and has potential to drive a market revaluation, JPMorgan Private Bank says Property bonds get upgraded to neutral after a period of cautious stance, although the housing …
China records 1st population fall in decades as births drop
China has announced its first population decline in decades as what has been the world’s most populous nation ages and its birthrate plunges.