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china: More Chinese cities lift home-buying curbs to revive demand

Two major cities in eastern China, Jinan and Qingdao, have lifted all restrictions on home purchases and selling in an effort to revive the frozen property market. This follows similar moves by other cities, including Nanjing, Dalian, and Shenyang, as part of broader support measures for the struggling sector. Chinas property market has been in decline since 2021 due to government regulations aimed at curbing debt accumulation by developers.
Interest Rates Home Selling Home Buying Property Sector Home Purchases China Property Crisis

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Panasonic expands China-based R&D staff by 40%

Panasonic Holdings has expanded its software development capabilities in China by scaling up staff in the city of Dalian by 40% over the last few years, reports Nikkei Asia. Panasonic Software Development Center Dalian has grown from about 700 people in 2020 to roughly 1,000 people in 2022, president Zhang Xue told Nikkei in an…
Zhang Xue Panasonic Software Development Center Dalian Panasonic Holdings

U23 Asian Cup Qualifiers: India gear up for do-or-die battle against UAE

, Sep 11 (IANS) After the heartbreaking defeat against hosts China by a slender margin, India U23 are determined to turn things around in their last match in Group G against UAE in the AFC U23 Asian Cup Qualifiers here on Tuesday.A win for UAE ...
Clifford Miranda India Football Federation Dalian Sports Centre Stadium Cup Qualifiers Coach Clifford All India Football Federation

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