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China new home prices fall at fastest pace in over 9 years - Vimarsana News

China new home prices fall at fastest pace in over 9 years

BEIJING/HONG KONG (Reuters) -Shares of Chinese property developers rose on Friday as investors expected authorities to announce more measures to stabilise the crisis-hit sector, with fresh data showing the fastest drop in new home prices in more than nine years. Waves of property market support measures over the past two years have failed to turn a sector which accounted for a fifth of economic activity at its peak and remains a drag on growth, but markets are betting on more decisive action later in the day. China's housing ministry, central bank, the National Financial Regulatory Admi...

Source: yahoo.com
China property shares rise on bets for new steps to ease deepening crisis - Vimarsana News

China property shares rise on bets for new steps to ease deepening crisis

Shares of Chinese property developers rose on Friday as investors expected authorities to announce more measures to stabilise the crisis-hit sector, with fresh data showing the fastest drop in new... -May 16, 2024 at 11:58 pm EDT - MarketScreener

China criticises US in military unit's call with US defence official, says China ministry - Vimarsana News

China criticises US in military unit's call with US defence official, says China ministry

China criticised the U.S. in a video call the Office for International Military Cooperation of the China Central Military Commission held with the US Assistant Defence Secretary on Thursday, the... -May 17, 2024 at 01:25 am EDT - MarketScreener

China to cut mortgage interest rates, home down-payment ratio to boost demand - Vimarsana News

China to cut mortgage interest rates, home down-payment ratio to boost demand

China will cut interest rates of mortgage loans and down-payment ratios for homebuyers to boost lacklustre property demand, according to three statements released by its central bank on Friday. ... -May 17, 2024 at 01:12 am EDT - MarketScreener

China strongly opposes US tariff hikes, pledging measures to defend rights - Vimarsana News

China strongly opposes US tariff hikes, pledging measures to defend rights

U.S. President Joe Biden blasted Beijing Tuesday for 'cheating' rather than competing as he unveiled steep tariff hikes on Chinese imports like electric vehicles and semiconductors...