As home sales continue to plummet, Beijing has curbed independent reporting of real estate figures. The gag order masks a deepening property slump that continues to erode household wealth and strain ...
Copper prices increased on Monday, with contract expiry-related position rolling by some traders overriding current concerns. This move helped the market temporarily disregard weak economic data and ...
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China’s property sector is sinking. Once the economic backbone by which hundreds of million Chinese went from poverty to the middle class, the industry is now seeing slumps in the value of real estate ...
China Evergrande Group was delisted from the Hong Kong Stock Exchange on Monday. The risk of more developer defaults has subsided, but consolidation around state-backed developers appears inevitable.
Iron ore prices have fallen 22% in 2024 due to weaker demand from China, significantly impacting Rio Tinto's profit outlook. China's collapsing property market, driven by a massive bubble, poses a ...
For struggling property giants seeking any indications of a turnaround in China’s prolonged real estate crisis, “topping off” a building is cause for celebration. On the outskirts of Lanzhou, a city ...
Looking out of the window of a lofty bank building in Shanghai’s central business district, it is difficult to imagine that only 20 years ago this side of the city was agricultural land. China’s ...
Emerging market stocks were set to wipe out last week's gains on Monday as political conflict, concerns over China's property sector and anxiety about a tech bubble prompted investors to pull back.
HONG KONG, July 6 (Reuters) - China's property market is a bubble, but the impact of a price correction on the country's banks is uncertain, Harvard University economics professor Kenneth Rogoff said ...
China’s real-estate sector is buckling under the weight of falling prices, a huge and growing inventory of unsold units, and highly indebted developers. Add to that slowing GDP growth and falling ...
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