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Today: January 22, 2025
Today: January 22, 2025
Liangping Gao

Liangping Gao

Staff Writer

Latest From Liangping Gao

Asia|Business|Economy

China's new home prices stabilise with stimulus push

China's new homes prices stopped falling in December for the first time in 18 months, official data showed on Friday, after the government

China's new home prices stabilise with stimulus push
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China new home prices growth likely flat in 2023, dragging on economy - Reuters poll

– China’s new home prices will likely show no growth this year, according to a Reuters poll, highlighting the intense pressure in the crisis-hit property sector that has put a choke-hold on the economy and left policymakers in a scramble to restore confidence. The expected 0% year-on-year growth in home prices compared with a 1.4% gain tipped in the previous forecast in May, a Reuters poll of 12 economists conducted from Aug. 16-25 showed. Confidence in the real estate sector, which accounts for a quarter of China’s economy, suffered last year after

China new home prices growth likely flat in 2023, dragging on economy - Reuters poll
Asia|Business|Economy|Finance

Strained Chinese cities struggle to pay home buying subsidies

Amy Wang was counting on a 100,000 yuan ($13,800) subsidy promised by authorities in the eastern Chinese city of Weifang to fit and

Strained Chinese cities struggle to pay home buying subsidies
Business|Asia|Economy|Finance|News

Two Chinese megacities lift home purchase curbs to attract buyers

Two Chinese provincial capitals lifted all home purchase restrictions on

Two Chinese megacities lift home purchase curbs to attract buyers
Asia|Economy|Finance|News

Swap old for new: China's latest property market plan off to a poor start

A campaign by Chinese authorities to encourage people to replace their old apartments with new ones is attracting interest, but faces one

Swap old for new: China's latest property market plan off to a poor start
Asia|Business|Economy|Finance|News

Slump in China's home prices, sales set to worsen this year: Reuters poll

China's home prices will fall at a faster pace this year with worsening slumps in property investment and sales, a Reuters poll showed, a sombre

Slump in China's home prices, sales set to worsen this year: Reuters poll
Asia|Economy|News

China's inflation steady, maintains pressure for more stimulus to boost demand

China's consumer inflation held steady in May while producer price declines eased, but the underlying trend suggests Beijing would need to do more to

China's inflation steady, maintains pressure for more stimulus to boost demand
Asia|Business|Economy

China's property measures give sales a boost, but only in big cities

China's latest property support measures have boosted transactions in its biggest cities, but activity in smaller localities is

China's property measures give sales a boost, but only in big cities
Business|Economy|Finance

Chinese factory activity up among smaller firms amid broader slowdown

Factory activity among smaller Chinese manufacturers grew at the fastest pace since 2021 thanks to overseas orders, a private index showed, even as a

Chinese factory activity up among smaller firms amid broader slowdown
Asia|Business|Economy|Finance|News

China unveils 'historic' steps to stabilise crisis-hit property sector

China announced "historic" steps on Friday to stabilise its crisis-hit property sector, with the central bank facilitating 1 trillion yuan (

China unveils 'historic' steps to stabilise crisis-hit property sector
Business|Economy|News

China home prices likely to fall 0.9% this year; previous poll tipped growth: Reuters poll

New home prices in China are likely to fall this year due to limited effect of ongoing government support measures, a Reuters poll showed, with

China home prices likely to fall 0.9% this year; previous poll tipped growth: Reuters poll
Asia|Business|Economy|Finance|News

China tries to hit more birds with one stone in property rescue push

After Beijing ordered Chinese cities to buy newly-completed apartments and turn them into affordable housing, the first steps they

China tries to hit more birds with one stone in property rescue push
Business|Economy|Finance|News

China reaffirms lofty policy goals, offers no implementation details

Chinese leaders reiterated their wide-ranging economic policy goals on Thursday, from modernizing industry to expanding domestic demand and

China reaffirms lofty policy goals, offers no implementation details
Asia|Business|Economy|News|World

Chinese officials expect bumpy ride for economy after policy meeting

Chinese officials acknowledged on Friday the sweeping list of economic goals re-emphasised at the end of a key Communist Party meeting this week

Chinese officials expect bumpy ride for economy after policy meeting
Asia|Business|Economy|News

China's home-price slump deepens to new 9-year low despite stimulus

China's new home prices fell at their fastest pace in nine years in July, as a slew of support policies failed to stabilise prices and restore

Business|Economy|News

China's home price outlook for 2024, 2025 worsens: Reuters poll

China's home prices will fall at a faster pace that previously forecast this year and next, a Reuters poll showed, as support policies from Beijing

China's home price outlook for 2024, 2025 worsens: Reuters poll
Asia|Business|Economy|Finance|News

China's central bank unveils most aggressive stimulus since pandemic

China's central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk and back towards the

China's central bank unveils most aggressive stimulus since pandemic
Asia|Business|Economy|Finance|News

China's monetary volleys miss key threat to economic growth

China's central bank has shifted to a more aggressive easing stance, but its policy weapons don't have the key enemy to

China's monetary volleys miss key threat to economic growth
Asia|Business|Economy

China's deflationary pressures build in Sept, consumer inflation cools

China's consumer inflation unexpectedly eased in September, while producer price deflation deepened, heightening pressure on Beijing to roll out more

China's deflationary pressures build in Sept, consumer inflation cools
Asia|Business|Economy|Finance|World

China may raise $850 billion in new debt over three years to spur growth, says report

China may raise an additional 6 trillion yuan ($850 billion) from special treasury bonds over three years to stimulate a sagging economy, local media

China may raise $850 billion in new debt over three years to spur growth, says report
Business|Economy|Finance

China boosts funds for housing projects to support embattled sector

China will expand a "white list" of housing projects eligible for financing and increase bank lending for such developments to 4 trillion yuan ($562

Uncategorized

China's new home prices fall at fastest pace since 2015

China's new home prices fell at the fastest pace since May 2015 in September, official data showed on Friday, despite increased efforts to revive the

China's new home prices fall at fastest pace since 2015
Asia|Business|Economy|Finance

China's home prices fall fastest in 9 years, but officials see signs of stabilisation

China's new home prices fell the most year-on-year in October since 2015, but a narrowing monthly rate of declines suggested the property sector was

China's home prices fall fastest in 9 years, but officials see signs of stabilisation
Asia|Business|Economy|Finance

China's property investment falls 10.3% y/y in Jan-Oct

China's property investment fell at a faster pace from January to October but sales narrowed the slump, showing policy stimulus is starting to inject

China's property investment falls 10.3% y/y in Jan-Oct
Asia|Economy

Beijing, Shanghai announce tax breaks to boost ailing property markets

Beijing and Shanghai have announced tax breaks to spur home purchases as distress in the property sector continues to drag on growth in the world's

Beijing, Shanghai announce tax breaks to boost ailing property markets

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