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China scraps price caps in bid to revive land sales, tweaks rule to allow lower-density suburban projects

Municipalities have been directed to drop a 15 per cent price premium on land sales, which fell 80 per cent in 2022 and 33 per cent this year. The impact on demand ā€˜might be quite limited’, an analyst says.
Shen Meng Chan Fei China Real Estate Information Corp Ministry Of Natural Resources Chanson Company Beike Research Institute
Source: scmp.com

China-ASEAN cooperation under BRI provides tangible benefits for region, gives impetus for future growth: Secretary-General of the ASEAN-China Center

Editor’s Note: On October 18, 2023, as the third Belt and Road Forum for International Cooperation (BRF) came to a conclusion, Chinese President Xi Jinping announced eight major steps China will take to support high-quality Belt and Road cooperation in a keynote speech. Benefiting over 150 countries, the Belt and Road Initiative (BRI) has become the most popular international public good and largest international cooperation platform in today’s world.
Jawa Barat Phnom Penh Wang Qi Jakarta Raya Republic Of Shi Zhongjun

Pixel Scroll 10/22/23 All I Have In My Pocket Is A Pixel And A File

(1) CHENGDU WORLDCON ROUNDUP. [Item by Ersatz Culture.] RiverFlow update He posted to Twitter this morning (UK time), and a couple of people have since told me that he's doing better now. Best Short Story finalist Lu Ban's Hugo photos Not sure if he's at the Worldcon - the post says it came from Sichuan province,
City Of United Kingdom United States Ren Qing Tower Hamlets New York

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