China's snaps four-month consumer decline but factory price deflation deepensChina's consumer prices saw a slight increase in June, ending a four-month decline, as indicated by the National Bureau of Statistics. This...
09 Jul, 2025, 09.16 AM IST
China's central bank vows 'moderately loose' policyOfficials have unveiled measures aimed at bolstering growth, including cutting interest rates and easing homebuying restrictions, but econo...
06 Jan, 2025, 06.03 AM IST
China plans to slash homebuying taxes in fiscal stimulusChina is considering significant tax cuts on home purchases to revitalize its struggling housing market. The proposed plan would allow majo...
12 Nov, 2024, 03.39 PM IST
China rejects IMFs $1 trillion housing rescue planChinese authorities have rejected the IMF's proposal to use central government funds to complete unfinished housing, which could have cost ...
03 Aug, 2024, 12.14 AM IST
Evergrande collapse, deconstructive ChinaLiquidation of Evergrande by a Hong Kong court this week piles on the pressure for China to prop up its collapsing property market. Beijing...
31 Jan, 2024, 11.11 AM IST
Young homebuyers take refuge in China's rust-belt townsFang, 29, is part of a wave of young Chinese choosing to invest in dirt-cheap real estate in declining and remote industrial regions, ditch...
20 Jul, 2023, 10.29 AM IST
China property giant Evergrande loses $113 billion over two yearsOnce China's largest real estate company, Evergrande was found in 2021 to be drowning in more than $300 billion in liabilities, sparking a ...
18 Jul, 2023, 08.21 AM IST
China property giant Evergrande reports $96 billion loss for 2021Chinese property giant Evergrande reported Monday a $96 billion net loss for 2021 and nearly $335 billion in liabilities, as the company re...
17 Jul, 2023, 08.50 PM IST
Reality Bites China's Realty SectorA collapsing housing market in China could affect debt flows to developing countries dependent on project finance through the Belt and Road...
24 Jul, 2022, 11.31 PM IST
Explained: Why China's crumbling real estate sector has the world on edgeAcross China, real estate developers are getting desperate - attempting to sell homes by whatever means possible, even going as far as acce...
23 Jul, 2022, 04.12 PM IST
Developer Evergrande says 57,400 properties handed to buyersTroubled Chinese developer Evergrande has delivered over 57,400 units to buyers between July and October, in the latest bid to calm worries...
03 Nov, 2021, 12.48 PM IST
WeChat blocks China Evergrande messaging groups, some users sayMembers said they were prevented from sending new messages to the groups. WeChat users reported seeing the error message "limits have been ...
29 Sep, 2021, 04.48 PM IST
Evergrande crisis shows cracks in China’s property marketChina’s Evergrande Group, the embattled property developer whose towering debt has set off panic in global markets, is buckling under the w...
21 Sep, 2021, 11.37 PM IST
Evergrande gave workers a choice: Loan us cash or lose your bonusSome workers tapped their friends and family for money to lend to the company. Others borrowed from the bank. Then, this month, Evergrande ...
21 Sep, 2021, 12.08 AM IST
Evergrande gave workers a choice: Loan us cash or lose your bonusEvergrande is on the hook to buyers for nearly 1.6 million apartments, according to one estimate, and it may owe money to tens of thousands...
20 Sep, 2021, 01.54 PM IST
UP govt trying to resolve issues of stalled projects in Noida, Greater Noida: Satish MahanaMany builders, including Amrapali, Jaypee Infratech and Unitech, have defaulted in delivering their projects in Noida and Greater Noida, ca...
01 Jul, 2021, 04.40 PM IST
The world's biggest real estate buyers are suddenly short of cashIn London, Chinese citizens who clamored to purchase flats at the city’s tallest apartment tower three months ago are now struggling to tra...
27 Jan, 2017, 11.06 AM IST