The dangerous bubble which for years has been brewing in China's housing market is bursting, changing the country's economy in a way that's still hard to predict, even for economists. The property ...
The concentrated nature of the real estate industry in China was a key factor triggering the ongoing property market crisis in the country, a new study by the University of Michigan has found. In 2018 ...
Average housing rents in Chinese cities slid to a four-year low in November due to supply gluts and job market weakness, potentially prolonging the country's property price slump, according to Nikkei ...
China’s ongoing housing bust won’t be short-lived, according to a report released by the International Monetary Fund last week. By the time China’s housing bust, which started in 2021, bottoms out ...
Years of inattention to building an adequate safety net for seniors, the jobless and others in financial stress have left Chinese consumers afraid to spend. By Keith Bradsher Reporting from Beijing In ...
On 17 May 2024, China introduced a range of measures aimed at stabilising its struggling property sector, which saw a 3.9 per cent year-on-year decline in new house prices in May 2024. This decline in ...
China’s real-estate bust left behind tens of millions of empty housing units. Now that historic glut of unoccupied property is colliding with China’s shrinking population, leaving cities stuck with ...
Ignominy comes quickly in China. Just a few years ago, Evergrande Group was the pride of the nation. The real estate giant was for a time China’s biggest constructor with more than 1,300 projects in ...
For much of the past decade, China’s real estate sector has been a key driver of economic growth, contributing roughly a quarter of the country’s GDP. However, since 2021, the industry has become a ...
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