property market

Beijing, Shanghai Announce New Housing Curbs

China’s two biggest cities announced new restrictions on housing sales over the weekend, as authorities followed through on earlier announcements that steps would be made to cool the country’s property market. From...

Party Officials Launch Property Fire Sale

While Xi Jinping’s increasingly strong anti-corruption rhetoric has met with some skepticism, it seems that some of its targets are taking it seriously. The Telegraph’s Malcolm Moore describes a Central Commission...

Taiwan Blocks Dalai Lama Visit

Taiwanese authorities have refused to provide a visa for the Dalai Lama, who was due to address a women’s organisation there next month. From the AFP: The Taiwan chapter of the Federation of Business and Professional...

Wahaha Chairman Tops Forbes Rich List

CDT previously reported on the Hurun rich list and the effect of the widening wealth gap in China. Forbes has released a report naming China’s 100 Richest individuals. Coinciding with the Hurun rich list,Wahaha founder and...

CDT Money: Property Market Still Cooling

In the wake of another cut to the reserve requirement ratio (RRR) for commercial lenders, the second such move this year, data releases continue to indicate that China will need to take additional policy steps to boost an...

“Affordable Housing” Numbers Don’t Quite Add Up

Reuters investigates Beijing’s progress in increasing the country’s supply of affordable accommodation: To gauge the status of the scheme, Reuters visited a dozen building sites in the dusty city of Shijiazhuang...

Of Blind Men and Elephants – Grasping China’s Economy

China Real Time Report presents a range of perspectives on the state of the Chinese economy, and boldly eschews scalebare dragon imagery: How healthy – or otherwise – is China’s economy? Like the proverbial...

China Attempts to Deflate its Unstable Property Bubble

The Chinese government has announced plans to build affordable housing to help calm the surging property market. From the Guardian: China will spend nearly $200bn (£123bn) on the scheme, part of plans to build 36m low-cost homes...

China Set on Forcing Drop in Property Prices

Andrew Batson of the Wall Street Journal reports on official plans to bring down property prices: A series of official comments in recent days have shown that the Chinese government remains committed to forcing down housing...

State-Owned Groups Fuel China’s Real Estate Boom

From the New York Times: All around the nation, giant state-owned oil, chemical, military, telecom and highway groups are bidding up prices on sprawling plots of land for big real estate projects unrelated to their core...

Trampled in a Land Rush, Chinese Push Back

The New York Times reports on efforts by homeowners to stop the forced demolition of their property by developers: China is not a good setting for a Frank Capra tale, but people do have influence over their autocratic masters....

Beijing Is No Dubai

In the Age, John Garnaut looks at the recent tightening of the property market by the Chinese government: So is this the Jim Chanos moment where China’s ”treadmill to hell” reaches its destination? Is China...

China’s New Controls On Property Developers: Report

From AFP: China is drawing up a new curb on property developers as part of a host of measures to cool the country’s red-hot property market, the state-controlled China Securities Journal reported Thursday. The plan would...

New Steps by China to Contain Real Estate Prices

From Reuters: China is expected to impose a moratorium on share issues by real estate companies in mainland markets as part of a broader campaign to rein in rising property prices, state media said Wednesday, potentially...

China Restricts Pre-sales To Curb Property Prices

From AFP: China on Tuesday tightened rules on advance sales of new property developments, in the third move of its kind in less than a week aimed at curbing rampant real estate speculation. The Ministry of Housing and...

Liberating the “House Slaves”?

From Economic Observer Online: The recent ban of a hit Chinese television series – Dwelling Narrowness (蜗居), which centered around China’s skyrocketing property prices and the pressure on its middle class to put up...

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