Tag: ANZ Bank
Property downturn prompt Chinese tourists to stay home
CHINA used to be the global tourism powerhouse, spending 1.7 billion yuan overseas at its peak. But the…
China’s property rescue plan to stabilise market
ALTHOUGH China’s new property rescue plan is expected to stabilise market the financial position of construction projects, uncertainty…
China property prices need to fall by 40% to restore balance
WITH average rental yields of 1.5% across top-tier cities and a glut of unsold housing stock, China’s property…
China sitting on 3 billion sqm of unsold housing
CHINA'S real estate crisis, which has spread to the wider economy and pushed some of the country’s biggest…
CHINA’S housing minister has told troubled property company to “go bankrupt”.
CHINA'S housing minister has told troubled property company to "go bankrupt". This stark admission by China’s housing minister…
Troubled Chinese property companies face strict consequences
THE official voice of the Central Committee of the Chinese Communist Party (CCP) has told troubled property companies to…