Real estate crisis in China

Think tank highlights China’s economic woes amid real estate crisis, reduced spending

A London-based independent think tank has highlighted the severity of the economic downfall faced by Beijing and claimed that the…

3 months ago

China’s real estate crisis: Shanghai-based property giant Shimao Group faces liquidation suit

Amid the real estate crisis in China, another Shanghai-based property giant Shimao Group said on Monday that it had received…

8 months ago

China’s crumbling housing sector delivers big blow to downstream industry, overall economy

Stress in China’s housing sector, accounting for about 30 per cent of the country’s GDP, is deepening. Project delays and…

1 year ago