property crisis

New Business

Signs of relief for AstraZeneca as China courts foreign investors

British-Swedish pharmaceutical giant AstraZeneca endured a torrid time in China last year, as it underwent several investigations and saw one…

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Mainland developer Greentown to issue US$350 million bond to refinance debt

State-backed developer Greentown China said it would issue a US$350 million bond to help refinance its existing borrowings, the first…

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How to make it in America: the pressures and pitfalls for Chinese brands going global

When Leo Li Minguang walked into a Zara store for the first time in Japan in 2005, the 32-year-old treasurer…

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China’s stalled economic engines demand strong manufacturing, economist urges in Davos

With its old economic-growth engines sputtering or stalled, China should further empower its world-leading manufacturing sector, a globally recognised economist…

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Home prices in China’s biggest cities stabilise under Beijing’s stimulus measures

New home prices across mainland China in December registered the smallest month-on-month decline since June 2023, propelled by Beijing’s stimulus…

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Troubled Chinese developer Country Garden’s loss for first half of 2024 narrows

Embattled Chinese property developer Country Garden Holdings said its net loss for the first half of 2024 narrowed to 12.8…

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New year, old problems for Chinese developers as debt crunch keeps bond investors wary

The new year is likely to offer little respite for troubled Chinese property developers amid lingering concerns about debt maturity,…

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Home prices in some big Chinese cities show signs of stabilisation: statistics bureau

Home prices in some of China’s largest cities are showing signs of stabilisation, the statistics bureau said on Monday. In…

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China property: lived-in home sales rise but prices fall in Shenzhen, Beijing, Shanghai

Lived-in home sales in some of China’s largest cities are picking up, but prices remain subdued, with Japanese investment bank…

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Explainer | What is China’s central economic work conference, and why does it matter?

All eyes have turned to China’s tone-setting annual central economic work conference for any clues of relief for the beleaguered…

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