Categories
Property

China’s Housing Prices Still Irrational: Ren Zhiqiang

One of China’s leading real estate figures says that the country’s housing prices are still “far from rational,” and that the ongoing urbanisation process is set to maintain strong demand for years to come.

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Finance

Securities Regulator Denies All IPO Approvals on a Single Day for the First Time

The China Securities Regulatory Commission has taken the unprecedented step of denying all IPO applications brought before it on a single day.

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Economy

Senior Banking Official Say Chinese Economy Will Come Under Pressure in 2018

One of the China Banking Regulatory Commission’s senior-most official says the country’s economy could face tough times ahead.

Categories
Banking Finance

China Will Accelerate Shift Towards “Twin Pillar” Central Banking Policy

The official news publication of the Chinese central bank has signalled a more rapid shift in its policy framework from quantitative tools towards pricing-based adjustments, as well as a “twin-pillar framework” that puts equal emphasis upon macro-prudential policy.

Categories
Finance Property

Offshore Financing by Property Firms on Track to Hit Record High

Tightened conditions for domestic financing amidst China’s ongoing deleveraging campaign have compelled the country’s real estate enterprises to look abroad for funding.

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Property

Beijing Pre-owned Home Transactions Plunge by Half

The transaction volumes for pre-owned homes in the Chinese capital have posted a year-on-year plunge for the first tenth months of 2017, as property values continue to decline.

Categories
Economy

Beijing Will Monitor Business and Investment Activities of Chinese Firms Abroad

The National Development and Reform Commission has unveiled plans to monitor the overseas activities of Chinese companies and citizens in order to prevent illegal conduct from causing repetitional harm.

Categories
Economy

Growth in Chinese Debt Is Unsustainable: S&P Economist

Standard & Poor’s chief Asia Pacific economist says that China’s current levels of debt expansion are too high, and need to be dialled down if Beijing hopes to achieve sustainable growth.

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Property

Top Property Developer Hopes to Capitalize on China’s Drive to Expand Home Leasing

China Vanke has set its sights on the residential leasing market, following Beijing’s decision to make expansion of the home rental sector a key plank of efforts to improve housing supply.

Categories
Property

80 Chinese Cities See YoY Decline in Housing Inventories for 27th Consecutive Month

Central government policies intended to reduce housing inventories continue to take effect, with the total floorspace for 80 Chinese cities dropping to a more than four year low.