QINGDAO, China: Banks in China are foreclosing on a growing number of apartments after homeowners could not pay their mortgages, as the country’s housing crash threatens the financial system. The …
China’s pledge to nearly double the loan quota for unfinished residential projects to ¥4 trillion ($562 billion) fell short of market expectations, causing property shares to retreat as investors looked …
Beijing: China’s home sales rose during the National Day holiday after a string of property stimulus measures to boost the country’s beleaguered real estate market since late September, state media …
BEIJING: Chinese policymakers will likely step up measures to at least help the economy meet an increasingly challenging growth target for 2024, analysts and policy advisers say, with a sharper …
BEIJING/HONG KONG: China’s local governments have fallen behind on their debt issuance plans as scrutiny mounts over potentially wasteful infrastructure investment, fuelling talk that such funds could be used in …
After lifting the measures, Beijing set itself a growth target of “around five per cent” for 2023. Beijing: China’s economy likely grew at its weakest annual rate for more than …