Home » Archive

Articles tagged with: China

Featured, Finance, Headline News, Over Seas, Residential »

[17 Nov 2010 | No Comment | ]

Even the world’s fastest-growing economy has its fair share of problems in the current shaky global economic growth. With a series of events threatening to raise asset bubbles and accelerate inflation, China has implemented tighter measures – especially for the property market.
State-run China Real Estate Business reports that the Asian country’s four biggest banks have frozen new loans to property developers. Allotted loan targets for some(like Agricultural Bank of China Ltd., Bank of China Ltd., China Construction Bank Corp., and Industrial & Commercial Bank of China Ltd.), after all, have …

Commercial, Featured, Finance, Street Talk »

[13 Sep 2010 | No Comment | ]

It looks like not only the United States government is experiencing a backlash on plans to salvage the housing market. The Chinese government may also have an unsuccessful plan on its hands as mortgages fall for the first time this year.
Recently, the Chinese government launched a campaign that hoped to pull down the rocketing property prices. It may have boomeranged though as August see a 1.06 billion yuan ($156 million) drop in Shanghai’s stock of individual mortgages this August. Home purchases are now being hit by the government’s efforts to …

Featured, Finance, Residential »

[11 Aug 2010 | No Comment | ]

China’s economy relies heavily on the property sector, with one-fourth of its capital spending leaning towards it. This is the reason China has decided to enforce tighter rules earlier this year, including a stress test on loans given to industries – such as cement and steel – that are connected to the property market.
The stress tests, reported by the Chinese press on Friday, are meant to investigate on a bank’s ability to endure a downward trend on housing prices. Banks in seven cities – including Beijing, Shanghai, and Shenzen – …

Land, Street Talk »

[13 Jul 2010 | No Comment | ]

Bharatbook added a new report on “Research Report on Top 100 Enterprises in Chinese Real Estate Industry, 2010″ which gives prosperous development in the Chinese Real Estate Industry
In 2009, with the influence from policy support, easy credit and inflation expectation etc, Chinese real estate market recovered progressively. Major developers play the leading role in this round of market adjustment in Chinese real estate industry. A number of Top 100 enterprises achieved remarkable sales.
The sales of Vanke hit the record high with over CNY 60 billion annually. The annual sales of …