property developers

New Business

Opinion | China’s shrinking credit reflects a financial reset, not a collapse

China’s latest credit figures have raised eyebrows, but they need not raise alarm. New bank lending, aggregate social financing and…

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New Business

New committee, bailout talk: is China launching a fresh property rescue effort?

China’s central bank confirmed on Friday that it had established a new financial stability committee to defuse the nation’s mounting…

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New Business

The View | China’s housing woes demand action, even if investors look away

As recently as last month, S&P Global Ratings struck a cautiously optimistic tone on the outlook for China’s housing market.…

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New Business

As Guangdong GDP growth lags, is Jiangsu on track for No 1 spot in China?

The eastern Chinese province of Jiangsu, which topped the national economic growth table in the first quarter of this year,…

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New Business

Shimao gets more time to restructure debt after beating back liquidation petition in court

Shanghai-based developer Shimao Group prevailed in a Hong Kong court decision to dismiss a creditor petition to liquidate the company,…

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New Business

Chinese developer Sunac sells stake in Harbin Ice and Snow World Park for US$138 million

Beleaguered property developer Sunac China Holdings has sold its stake in Harbin Ice and Snow World Park, operator of one…

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