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China just unveiled the strongest remedies yet for its troubled housing market

Fri, 05/17/2024 - 05:33

Tech Insider : Economy, Economy

Apartments under construction in China — Apartments under construction in Wuhan, China.
VCG/Getty Images

economy, trending-uk, economy, real-estate, China, housing-market, property-market

I spent a night in one of the empty apartments in Malaysia's $100 billion ghost town, and I can see why very few people want to live there

Tue, 04/02/2024 - 21:30

Tech Insider : Travel

a block of apartments in forest city — The author stayed in one of the condominiums in Forest City, a development that cost $100 billion to build.
Marielle Descalsota/Business Insider

Travel, Real Estate, country-garden, Malaysia, China

China's troubled property giant Country Garden has reportedly defaulted on a bond payment

Wed, 10/25/2023 - 12:05

A residential building of Country Garden in Fuyang City, East China's Anhui Province. — A residential building of Country Garden in Fuyang City, East China's Anhui Province.
Costfoto/Getty Images

Markets, mi-exclusive, Markets, China, country-garden, china-economy, financial-markets

China's battered economy finally gets some relief as third-quarter growth numbers beat expectations

Wed, 10/18/2023 - 07:15

Tech Insider : Economy, Economy

Beijing, China. — Beijing, China.
Martin Puddy/Getty Images

economy, economy, China, china-economy, china-economy-and-markets, GDP, Inflation

China's property sector is facing massive risks and authorities must meet it with 'forceful action', IMF says

Tue, 10/10/2023 - 08:59

Tech Insider : Economy

Evergrande — People commute in front of the under-construction Guangzhou Evergrande football stadium in Guangzhou, China's southern Guangdong province on September 17, 2021.
Noel Celis/AFP/Getty Images

economy, Markets, mi-exclusive, China, china-economy, IMF, international-monetary-fund

China Evergrande soars 70% to lead Chinese property names higher after another developer dodges default

Wed, 09/06/2023 - 10:20

Evergrande China construction — Evergrande is China's second-biggest property developer.
Noel Celis/Getty Images

Markets, mi-exclusive, Markets, China, china-economy, china-evergrande, Evergrande

Despite Country Garden's last-gasp payment, China's property sector remains in crisis: two-thirds of its developers with most offshore debt are defaulters

Tue, 09/05/2023 - 06:45

Chinese President Xi Jinping. — Chinese President Xi Jinping.
Getty Images

Markets, mi-exclusive, Markets, China, Property, developers, Default

China may now never take the US's crown as the world's largest economy

Tue, 09/05/2023 - 05:15

Tech Insider : Economy, Economy

China wealth economy — China's economy now may never surpass the US as the world's largest, according to a survey by Bloomberg Economics.
JOHANNES EISELE/AFP/Getty Images

economy, economy, China, china-economy, china-real-estate-market, Evergrande, country-garden

China's property crisis deepens with 87% value wipeout in developers' dollar bonds

Thu, 08/31/2023 - 16:29

Yonghe Lamasery is seen in a sandstorm at night on April 10, 2023 in Beijing, China. — Getty Images

Markets, mi-exclusive, Markets, China, china-news, Property, Debt

China's economy isn't on the verge of collapse, and markets are overlooking these indicators, China Beige Book says

Thu, 08/31/2023 - 13:17

Tech Insider : Economy

Construction site, Shanghai, China — Qi Yang/Getty Images

economy, Markets, China, chinese-investment, china-property-market, country-garden, Retail

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