Category: IN-DEPTH
Several Chinese cities step up regulation on pre-sale proceeds, adding pressure on property developers’ cash flow
Several Chinese cities have stepped up regulations on property developers’ pre-sale proceeds after an increasing number of property projects were suspended amid the sector-wide liquidity…
Home mortgage loans pick up in some cities, though overall credit environment remains tight
There are signs that banks’ mortgage loans are picking up in some cities, including tier-one cities, offering a relief to cash-strapped property developers. But industry…
Some Chinese steelmakers cut prices amid weak demand, futures of steel, iron ore hit limit-down
Several Chinese steelmakers recently cut prices amid weaker-than-expected demand and analysts estimate that steel demand will remain sluggish in coming months. On Monday . ….
Chinese electric vehicle battery makers hike prices amid surging costs
Chinese automobile and battery maker BYD Co Ltd reportedly plans to raise prices of major battery products by at least 20 per cent due to…
China to roll out five-year property tax pilot in some regions
China’s top legislature said the country will roll out a pilot scheme of property tax in selected regions, as part of a wider “common prosperity”…
Container shipping rates finally drop, costs from China to US down more than 30%
Container shipping rates have been declining since late September, with the freight costs from Asia to the United States falling by more than 30 per…
China’s hog prices rebound 30%, analysts say down cycle to last till early next year
China’s live hog prices see long-awaited rebound recently, jumping more than 30 per cent in two weeks, but analysts believe that dark days for the…
China’s new home price index for 70 major cities fell for first time in six years, 70% of the cities saw second-hand price drop
China’s new home price index dropped month on month in September for the first time in six years, as the chill in the housing market…
China to intervene in coal prices, coal-producing city Yulin cut coal prices
China will intervene in high coal prices and will impose severe punishment on those involved in coal speculation after government measures in the past few…
Moody’s downgraded seven major Chinese property developers in one day
Global rating agency Moody’s Investors Services on Monday downgraded credit ratings of seven major Chinese real estate developers including Greentown China, Yango Group, China Aoyuan…
China’s coal output fell in September, thermal coal prices hit new record high
China’s coal shortage remains as coal output declined further in September while power demand continued rising, sending thermal coal prices to new record high. Policymakers…
China liberalises electricity pricing to ease pressure on power generators, tackle power shortage
China is liberalising electricity pricing in an effort to address the ongoing power shortage across more than half the country and threatens to weigh on…
China’s new home sales slid on year during National Day holiday as housing market cools down further
China’s new home sales during the week-long National Day holiday declined significantly from a year earlier, led by sharp drops in lower-tier cities, as the…
Many Chinese companies announced production suspension amid short power supply, energy use control
Many Chinese companies have announced plans to suspend production as more than ten provinces including Jiangsu, Zhejiang, Shandong, Guangxi and Yunnan have imposed production restrictions…
Auto chip shortage more severe than expected, carmakers may see more pressure in next few months
The ongoing shortage of automotive chips is more severe than expected and automakers will see more pressure in the next few months as the short…
China’s cement prices approach all-time high amid production cut for energy use control
Several Chinese regions have imposed restrictions on cement sector’s power use and production, as part of national efforts to control energy consumption. That has driven…
Several smaller cities in China move to limit new home price drops as housing markets cool
While top Chinese cities step up real estate restrictions to curb home price growth, several smaller cities have moved to limit home price drops after…
