housing market

Outspoken Singer Detained Over Explosion Remarks

AP reports that Wu Hongfei, singer for the Beijing-based rock outfit Happy Avenue (幸福大街), has been detained for comments that she posted on her Weibo account: Police have detained an activist singer who wrote that she wanted to...

China: Fast Food Nation, Too Fast Economy?

With the rise in food prices and labor inflation in China, fast food chains, such as KFC, are planning a rise in prices to offset these factors. Despite the rise in prices, the share price of Yum Brands Inc, KFC’s parent...

Property Prices See Second Consecutive Drop

In November, home prices in China continued to drop for the second consecutive month. Despite the government’s claims it was regulating the housing market, homes in over 70 cities saw the drop. The Wall Street Journal reports:...

Stymied At Home, Chinese Hunt for Property Abroad

Property speculation has long been a problem in Chinese housing markets. Now Chinese investors are also trending towards buying property overseas. From Reuters: Stifled by a clampdown on property speculation at home, cash-rich...

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