According to an official from the China Banking and Insurance Regulatory Commission, China is increasing pressure on financial institutions to limit the growth of real estate loans after a property lending cap for big banks was imposed in December, reported Caixin. The cap on property lending compelled big banks to reduce outstanding property loans while […]
Category: Property
China’s self-reliance drive, stemming from the US-China trade war, has resulted in a notable increase in demand for technology districts and office real estate, reported the South China Morning Post. Real estate services firm CBRE have stated that, in the first quarter of 2021, investment in office space and research facilities in China’s technology parks […]
Debt-laden property developers, such as China Evergrande Group, will need to scale back growth and resort to different means of financing to avoid defaults after increased government scrutiny is putting a squeeze on the shadowy pools of capital used to fund projects, reported Bloomberg. This exploration of funding sources, after the government already curbed traditional […]
Just about nothing impacts on economies and social perceptions of stability more than inflation, and many places, including both China and the US, are facing surges in prices. Inflation is ultimately about too much money chasing too few things to buy, and the cause now is the massive stimulus funds that have been poured into […]
The revival of efforts to roll out a highly-anticipated property tax tackling soaring house prices well beyond the affordability of China’s younger generations has been announced by Chinese policymakers, reports the South China Morning Post. The Ministry of Finance said it had attended a high-level meeting with the Budget Commission of the Standing Committee of […]