China has unveiled a series of initiatives to revitalise its struggling property market following the sharpest decline in house prices in a decade.
China has unveiled a series of initiatives to revitalise its struggling property market following the sharpest decline in house prices in a decade.
The severity of China’s property crisis escalated last month, marked by a significant drop in housing sales and a reduction in new construction projects.
The largest private real estate developer in China is facing a liquidation petition in a Hong Kong court, marking a further escalation in the country’s real estate crisis, which is
The property sector crisis in China intensified as Moody’s unexpectedly withdrew credit ratings from several prominent companies.
Today, a Hong Kong court mandated the liquidation of Evergrande, a major Chinese real estate firm, signalling a significant escalation in China’s ongoing economic challenges.