Concerning the issues of suspended construction and delayed delivery of property projects in certain areas of China, CCB (00939.HK)(601939.SH) responded that the bank’s mortgage loan exposure to …
Tourism ban would hinder, not help, FMD control efforts
Calls for Australia to consider halting travel to Bali to prevent foot and mouth disease entering Australia are being met with resistance from livestock sector representatives concerned about how that …
China housing analysts call for more stimulus as July sales plunge and report predicts 17 per cent slump through 2025
Economists and experts predict at best an ‘underwhelming’ recovery for the US$2.7 trillion sector this year after early July sales fell 45.2 per cent Even if the current pace of recovery continues, …
China’s Credit Market Is Moving Into Fresh Phase of Distress
The pain is only just beginning, according to Charlene Chu, a former Fitch Ratings analyst known for her warnings about China’s debt risks. “We’ve got a property sector that …
China’s Credit Market Is Moving Into Fresh Phase of Distress
The pain is only just beginning, according to Charlene Chu, a former Fitch Ratings analyst known for her warnings about China’s debt risks. “We’ve got a property sector that …
Chinese Property Developers Slide Amid Mounting Home-Buyer Discontent
By Clarence Leong Shares of Chinese property developers declined sharply Thursday morning in Hong Kong following reports that home buyers across the …
Chinese Property Developers Slide Amid Mounting Home-Buyer Discontent
By Clarence Leong Shares of Chinese property developers declined sharply Thursday morning in Hong Kong following reports that home buyers across the …
China banks, property stocks slump as more homebuyers stop mortgage payments
Over the past weeks, a rising number of homebuyers have collectively threatened to halt mortgage payments to banks if developers do not resume construction of pre-sold homes, according to official …
China banks, property stocks slump as more homebuyers stop mortgage payments
Over the past weeks, a rising number of homebuyers have collectively threatened to halt mortgage payments to banks if developers do not resume construction of pre-sold homes, according to official …
Will China’s ‘zero-Covid’ policy thwart its plan for infrastructure-fuelled stimulus?
While the US central bank aggressively tightens monetary policy, China is going back to its old playbook of stimulus via public investment However, the tensions between Beijing’s public health …