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China's Economic Outlook Dulled by Fresh Property, COVID-19 Woes - Vimarsana News

China's Economic Outlook Dulled by Fresh Property, COVID-19 Woes

BEIJING—Persistent weakness last month in China's property market and manufacturing sector, which combined account for half of the ...

China's Economic Outlook Dulled By Fresh Property, COVID Woes - Vimarsana News

China's Economic Outlook Dulled By Fresh Property, COVID Woes

Persistent weakness last month in China's property market and manufacturing sector, which combined account for half of the country's gross domestic product, renews risks to its recovery already

China is facing a real estate bust - Vimarsana News

China is facing a real estate bust

"I call on every comrade to take the lead to buy a property."

Source: hotair.com
China to Aid Developers as Homebuyers Boycott Mortgages - Vimarsana News

China to Aid Developers as Homebuyers Boycott Mortgages

People who bought residences from developers' plans have stopped making payments on unfinished dwellings, cutting off source of completion funding

China to Aid Developers as Homebuyers Boycott Mortgages - New Delhi Times - India Only International Newspaper - Vimarsana News

China to Aid Developers as Homebuyers Boycott Mortgages - New Delhi Times - India Only International Newspaper

Chinese authorities are promising to establish an initial rescue fund of $11.8 billion (80 billion yuan) to offset a looming crisis in the real estate sector, where homebuyers routinely purchase residences from developers' plans and begin making mortgage payments before the dwellings are finished. By having customers purchase homes "off plan," builders can receive construction…