Tag: China

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 second largest developer in talks for bailout

CHINA'S state-owned banks are reportedly making moves to bail out the country's second-biggest property developer China Vanke after…

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…

Hong Kong residential set for further falls in 2024

HONG KONG residential property prices are set to be smashed by more than 10% in 2024, according to…