Prices for existing homes in China’s four major cities continued to drop in December, reports Caixin, which says this is a sign that recovery remains elusive despite a slower pace of monthly declines. Data released Monday by the National Bureau of Statistics showed that prices of second-hand homes in Beijing, Shanghai, Guangzhou and Shenzhen dropped 7% […]
Category: Politics & Society
Real estate brokerages in China’s major cities are urging owners of existing homes to lower prices to spur sales transactions, reports Caixin. This comes amid a property market downturn which shows no signs of easing. Some of the price cuts have developed into “systematic and organized practices,” with some real estate agents even significantly lowering the […]
The International Monetary Fund has raised its 2026 economic growth forecasts for China by 0.3 percentage points to 4.5%, reports the South China Morning Post, which says this is the latest sign that the pause in their trade war has eased pressure on both economies. The IMF says its 4.5% growth forecast is supported by lower US tariff […]
China’s birth rate has dropped to its lowest since records began. This comes despite Beijing’s best attempts at encouraging the population to have children—including discouraging the use of condoms by taxing. Meanwhile, there continues to be more doom and gloom with China’s property sector—second-hand house prices are continuing to drop, and real estate agents are […]
China’s GDP grew by 5% to reach RMB 140.19 trillion ($20.13 trillion) in 2025, reports China Daily, citing the National Bureau of Statistics (NBS). China’s value-added industrial output expanded 5.9% year-on-year in 2025, and in December alone, the output increased by 5.2% year-on-year, the state-owned outlet says. China’s retail sales of consumer goods, an indicator of the country’s […]