property crisis

New Business

Wary of ‘vicious’ events, China makes migrant worker arrears a priority

As the year winds down, Beijing is stepping up efforts to tackle delayed payments for migrant workers and protect the…

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New Business

Chinese developers, cities tempt homebuyers with perks like private-jet shares, residency

From private jets to permanent residency in major cities, cash-strapped developers in mainland China are offering increasingly aggressive incentives to…

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New Business

Exclusive | Qiandama’s funder GenBridge sees ‘substitution’ in China’s retail downgrade, tepid growth

“This is what I call the substitution effect,” Chang, founder and managing partner of Beijing-based VC firm GenBridge Capital, told…

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SM Group of the Philippines sees China as ‘formidable’ market force even amid uneasy ties

SM Investments Corp, the conglomerate controlled by the richest family in the Philippines, sees mainland China as a growth driver…

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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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New Business

China’s June home prices dip for the 13th month, adding weight to stalling economic growth

China’s prices of newly built homes declined for the 13th consecutive month in June, as they added weight to the…

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