So Chinese real estate market just kept ramping up, until 2020, when the central gov drew the 3 red lines, on the debt of developers. This was the turning point and as a Chinese, we are all familiar with the story after that. China's real estate crisis, explained : Planet Money By ...
These charts show China's real estate boom in the 21st century and the subsequent slowdown since 2022, through both sales and new buildings.
Despite long-term policy support and bailouts, China's real estate industry showed a further weakening trend on entering the last month of the third quarter. Property companies are not only receiving less funding from sales, but frequent debt repayment crises have further hit confidence. This ...
According to the mid-year reports of major real estate companies, most of them experienced a decline in profits or even losses in the first half of 2023, and the number of employees and their compensation and benefits also changed accordingly. Among the 29 typical real estate companies compiled...
and "survival" has become the main theme for major real estate companies. Each company is facing different challenges and opportunities. Especially for highly leveraged companies that have experienced a catastrophic crisis, the majority of them have not yet found a solution, and many companies are ...
such a development, says Guo Jie of the Local Association of Real Estate Enterprises, an industry group, for it would indicate that steam is running out and that even the best-prepared cities are being swept into the crisis. Policymakers elsewhere in the country will be watching closely, too...
By John Richardson AN investment bubble can only remain stable if you pump ever-more air into the bubble. If you don’t continue to do this, then the bubble is in severe danger of bursting. The warning signs started flashing red for China after the cruci
challenges and opportunities. Especially for highly leveraged companies that have experienced a catastrophic crisis, the majority of them have not yet found a solution, and many companies are still deeply mired. In this situation, downsizing has become inevitable for real estate companies to save ...
2023-10-11 Geopolitical tensions and the crisis in real estate have hurt consumer confidence over the past 18 months, says Shanghai-based business analyst Shaun Rein at ABC. He does not expect a big-scale stimulus, since the government is short of money to spend, but a slow recovery of ...
Title: China’s real estate crisis will cause a more severe downturn in iron ore prices, Summary: A severe surplus in the iron-ore market caused by the renewed pressure in China’s property market will sink prices of the commodity over the