property downturn

New Business

China’s services activity expansion dampened by ‘trade environment’ concerns: Caixin PMI

China’s services activity expanded at a slower pace in November, pressured by easing new business growth, including in exports, a…

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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

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

Shanghai’s wealthy residents upgrade to premium homes, ignoring property market upheaval

Luxury homes in Shanghai are defying the downtrend in China’s mass market segment as wealthy buyers, relatively unscathed by the…

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