China property

China’s rural banks struggle to sell seized properties despite hefty discounts

Failure to find buyers adds pressure to weak home prices, sales

Resale home values, which are subject to less government intervention, slid 0.7 per cent, the most in 15 months. 

China home prices fall again as calls grow for more action

China’s property downturn has weighed on the economy for more than four years

Lowering the downpayment ratio is part of efforts to help reduce excess inventory in the commercial real-estate market.

China lowers downpayment ratio for commercial property to 30%

[BEIJING] The People’s Bank of China (PBOC) has lowered the minimum downpayment ratio for commercial property purchases to 30 per cent, the central bank said in a statement on Saturday (Jan 17).

While many defaulted Chinese developers are wrapping up their restructurings, others are still facing liquidation risks as creditors grow weary of drawn-out debt talks.

Chinese builder Jingrui ordered to liquidate by Hong Kong court

The liquidation order underscores the perils developers continue to face as China remains mired in a deep property slump

China Vanke’s executive director and former chairman, Yu Liang, resigned after reaching retirement age.

Vanke’s former chairman Yu Liang resigns from struggling developer

The change comes as Vanke races to win support from investors to delay some of its bond repayments

The deferred interest payments win breathing room for Vanke as it negotiates repayments on a slew of debt instruments.

China Vanke wins nod from lenders to defer interest payments: sources

The new payment arrangement comes after the developer missed a quarterly loan interest payment due last month

Overseas Chinese Town Enterprises told bondholders that Vanke's crisis has already impacted the property market this year.

China Vanke fallout seen as smaller builder seeks state support

Overseas Chinese Town has told investors that the state asset supervisor will ensure that bond repayments are made

The move comes amid a prolonged real estate market crisis that has toppled major property developers.

China extends home purchase tax cut to bolster property market

The exemption applies to individuals selling residential properties they have owned for at least two years

China’s property sector, once a key engine of growth, has been in persistent decline since mid-2021.

China pledges to step up urban renewal, stabilise housing market in 2026

The housing policy conference pledges to strengthen the ‘project whitelist’ mechanism

The rising financial woes of industry bellwether China Vanke have raised troubling questions about another painful debt crisis in the sector.

China home-price slump persists even as authorities vow to address downturn

The prolonged property crunch is fuelling a rising sense of anxiety among Chinese officials