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
Staff Writer
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 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
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
Two Chinese provincial capitals lifted all home purchase restrictions on
A campaign by Chinese authorities to encourage people to replace their old apartments with new ones is attracting interest, but faces one
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
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 latest property support measures have boosted transactions in its biggest cities, but activity in smaller localities is
Factory activity among smaller Chinese manufacturers grew at the fastest pace since 2021 thanks to overseas orders, a private index showed, even as a
China announced "historic" steps on Friday to stabilise its crisis-hit property sector, with the central bank facilitating 1 trillion yuan (
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
After Beijing ordered Chinese cities to buy newly-completed apartments and turn them into affordable housing, the first steps they
Chinese leaders reiterated their wide-ranging economic policy goals on Thursday, from modernizing industry to expanding domestic demand and
Chinese officials acknowledged on Friday the sweeping list of economic goals re-emphasised at the end of a key Communist Party meeting this week
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
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 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 has shifted to a more aggressive easing stance, but its policy weapons don't have the key enemy to
China's consumer inflation unexpectedly eased in September, while producer price deflation deepened, heightening pressure on Beijing to roll out more
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 will expand a "white list" of housing projects eligible for financing and increase bank lending for such developments to 4 trillion yuan ($562
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 fell the most year-on-year in October since 2015, but a narrowing monthly rate of declines suggested the property sector was
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
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
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