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China's September new construction starts slumped for a sixth straight month, the longest spate of monthly declines since 2015, as cash-strapped developers put a pause on projects in the wake of tighter regulations on borrowing.
Beijing has taken aim at its high-tech, energy and property sectors in recent months, spooking investors who were used to decades of unprecedented growth. How much self-inflicted pain can China’s economy endure? The future of China’s economic miracle has been preying on investors’ minds this year in the wake of a far-reaching crackdown by Beijing ...
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Harbin has become one of the first cities in China to announce measures to support property developers and their projects, which have been shaken by the deepening debt crisis at property giant China Evergrande Group .
Beijing has taken aim at its high-tech, energy and property sectors in recent months, spooking investors who were used to decades of unprecedented growth. How much self-inflicted pain can China's economy endure?
The cut in the mortgage rate in several Chinese cities, which came after a rare reference by China's central bank to property market stability, may suggest more sophisticated measures regarding housing loans are in the pipeline to safeguard the healthy development of the real estate market and protect homebuyers' lawful rights, said industry experts.