China property

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Unit of Chinese developer R&F Properties defaults on US$147 million in interest payments

Chinese developer R&F Properties said a subsidiary missed interest payments on offshore notes in another sign of escalating troubles for…

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Exclusive | Nobel-winning economist Michael Spence on China’s future in a tech-driven world

However, over time – partly because of China’s own growth and development and partly because of the growth of other…

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Shenzhen joins Chinese local governments taking unsold homes off developers’ hands

Shenzhen has become the first tier-1 Chinese city to buy up unsold homes, joining several other local governments that heeded…

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Chinese retail investors, eager for returns, looked overseas – then came Monday

As China’s economy attempts a return to pre-pandemic stability, its premier indexes have reflected its struggles. Shanghai’s Composite Index has…

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China, US middle classes a crucial link in relationship chain, analyst argues

China’s middle class is a group to which the country’s policymakers should be paying close attention, a prominent political scientist…

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Exclusive | Bondholders urge Chinese defaulter Sino-Ocean to rejig US$6 billion debt plan after slamming big haircuts, weak recovery rates

Some offshore bondholders are urging Sino-Ocean Group to revise its US$6 billion debt restructuring terms to win greater support from…

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China’s land purchases shrank 38% in first 7 months of 2024 amid festering property slump

China’s property developers have slowed their land grab as a slowdown in home sales continued in the industry, deterring their…

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Bondholders ‘strongly oppose’ Chinese developer Sino-Ocean’s debt-revamp plan

Embattled Chinese developer Sino-Ocean Group faces the risk of liquidation amid challenges to secure enough consent votes on a restructuring…

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China’s Guangdong, once a major economic driver, lags national growth average

Authorities in coastal regions, traditionally the most reliable centres for growth as industrial and trade hubs, have taken steps to…

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