China’s ailing housing market will likely stabilise in about six months and recover in two years, ahead of other countries in Asia, thanks to support measures from Beijing, fund management firm Invesco says.
Cheng Soon Lau, managing director at Invesco Real Estate Asia, said his company was planning to invest directly in China, Japan, Hong Kong [...]
How much does the widespread and intensified international financial crisis actually influence on China’s economy? Answers to that question were given in a survey report entitled ‘Entrepreneurs’ Judgments, Assessments and Suggestions on the Macroeconomic Situation and Hot Spots of Reform,’ released by the China Entrepreneurs Survey System on November 15.
Tags: Financial, investment, mortgage
China’s state council has approved to launch real estate investment trusts (REITs), the Caijing Magazine reported, citing unnamed sources as saying.
The detailed rules will be made by the central bank and the banking regulator prior to the official implementation of the scheme, which is expected to be the end of 2008 or the beginning of [...]
Chinese banks should be alert to the risks of growing bad loans and narrowing profit margins amid a worsening global financial crisis and domestic interest rate cuts, a senior banking regulator has warned.
China Banking Regulatory Commission Vice Chairman Jiang Dingzhi told a financial forum in Beijing on Saturday that China’s banking system, despite being generally [...]
China is likely to roll out more measures before long to stimulate demand for housing, but recovery in the all-important property market is unlikely for another year.
Nationwide urban real estate prices rose only 1.6 percent in the year to October, the weakest rise since Beijing started publishing the data in 2005, and economists expect prices [...]
China, the second-biggest overseas holder of U.S. Treasuries, should increase its bullion holding to diversify its reserves because the dollar may decline, the country’s gold association said.
“China should have at least several thousand tons of gold in its reserves, five to six times the officially announced 600 tons,” Hou Huimin, vice chairman of the China [...]
