Page 25 - Property Sector News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The copper market is grappling with sideways price movement due to uncertainties in China's property sector and the potential offsetting demand from the renewable and EV markets.

On Tuesday, U.S. Treasury Secretary Janet Yellen voiced apprehension regarding the commercial real estate sector amid the backdrop of elevated interest...

China aims to ramp up financing for home projects in the coming days as part of its support measures, but banks' reluctance to lend to the crisis-hit sector will remain a major obstacle for the distressed developers who need fresh funding the most. Under the "project whitelist" mechanism, governments of 35 cities across the country are gearing up to recommend to banks residential projects that need financial support. Distressed developers are hoping the new mechanism will bring succor with some of their projects getting included in the whitelist.

China's economic slowdown is likely to persist in the coming years as the Asian giant struggles with sagging productivity and a rapidly aging population, the International Monetary Fund (IMF) said Friday.And an IMF report on Friday forecast growth to decline further to 3.5 percent by 2028 "amid headwinds from weak productivity and population aging", adding that "uncertainty surrounding the outlook is high".

Policymakers are trying to boost support for China's real estate market. Evergrande this week was ordered to liquidate after years of attempted restructurings.