The Word of the Week comes from the Grass-Mud Horse Lexicon, a glossary of terms created by...
by Josh Rudolph | Aug 2, 2013
Wu Hongfei, the Beijing singer who was detained for ten days over comments she posted on her Weibo account, has been released from police custody. From the South China Morning Post: “I’m back home. Thanks for all the netizens’...
by Josh Rudolph | Jul 25, 2013
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...
by Melissa M. Chan | Dec 18, 2011
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:...
by Melissa M. Chan | Dec 6, 2011
Amid growing concerns about the economy and the collapse of the Euro, there are added worries that China’s campaign to deflate housing prices will go too far. While Beijing has eased credit policies to regulate inflation,...
by Sandra Severdia | Oct 17, 2011
As Steve Jobs’ death triggered enormous reactions from Chinese netizens, the Beijing real estate tycoon Pan Shiyi has also joined the wave by posting the following tweet on his microblog: @Pan Shiyi: Apple’s board of directors...
by Melissa M. Chan | Oct 16, 2011
The recent boom in Hong Kong housing prices led to the discontent and frustration of many families. The government now plans to make thousands of homes available to lower income families by reinstating a revision of a housing...
by cdtstaff | Mar 30, 2011
Exorbitant housing prices have long been both a social and political problem in China. The central government has placed regulating the housing market as a top priority. Beijing, following the lead of other Chinese cities, is...
by Sophia Cao | Jan 1, 2008
From AFP: Chinese President Hu Jintao has vowed “forceful measures” to curb rising food prices and address a booming real estate market that has seen property prices sky-rocket, state press said Tuesday. “The central government attaches great importance to commodity prices and has made it an important task to stabilise them,” Hu said in a […]
by Michael Zhao | Dec 28, 2007
An update on Shenzhen’s cooling real estate market. Translated by CDT from Guangzhou Daily: The housing sector in Shenzhen further dipped to new lows in December, according to statistics released by a research center with the Shenzhen Zhongyuan Properties (深圳中原地产深港研究中心). In the year-ending month, buyers only purchased 170,000 square meters of properties among the stock […]
by Sophia Cao | Nov 19, 2007
From Shanghai Daily: Investment in the real-estate market on China’s mainland jumped 31.4 percent in the first 10 months of this year from 2006 to a mind-blowing 1.92 trillion yuan (US$259 billion), the National Bureau of Statistics reported yesterday. About 1.37 trillion yuan was invested in residential property, rising 33.7 percent from the same period […]
by Michael Zhao | Nov 11, 2007
From China Business News, summary translation by CDT: Mr. Wang, an owner of five or six properties in Shenzhen, has felt the chill running through the pioneering city’s real estate market. Wang is busy renovating a newly purchased apartment so he can rent it out and pay off the monthly mortgage. While recently doing the […]
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