Is China's US$1.3 trillion housing crackdown paying off?
Policymakers in China have pulled out tactics to address the affordability crisis and to reduce financial risk.
Property markets
Chinese bank valuations are looking gloomy – at lows near the depths of the 2008 financial crash
China's property market has been dealing with a bit of a crisis, and it continued to struggle in October, facing liquidity problems and enormous debts.
From China’s Longfor’s shares tumbling to Heidi Klum’s best impression of a worm – Here’s your November 2 news briefing
From China’s Longfor’s shares tumbling to Heidi Klum’s best impression of a worm – Here’s your November 2 news briefing
Chinese developer Longfor takes a big hit as its billionaire chair steps down
For a while now, China's housing market has been struggling. Starting with Evergrande, developers low on cash began defaulting on loans and failing to finish projects.
China’s bursting housing bubble, explained
In China, residential housing makes up about a quarter of domestic output. And this market is crashing. For years, preselling housing real estate made it easy for developers to snag loans; they could buy more land and keep building. Two years ago, though, President Xi cracked down on these lending
China’s property woes deepen, with contractors complaining over unpaid bills by developers
There was a period of time when all anyone could talk about was Evergrande and how much trouble China’s real estate sector was in. Since then, the noise has died down. But, even though that’s the case, the industry’s problems haven’t gone away. In late June,
China tells banks to extend loans to property developers amid protests
Even though the debt-laden Evergrande hasn’t been as widely mentioned in the headlines lately, the industry’s woes and struggles are still very much ongoing. A boycott around China has been growing, with homebuyers refusing to repay their mortgage because of stalled property projects. But the issue is that