foreclosure

China’s property foreclosures surge as growth slows

The number of foreclosed properties for sale in China rose at a faster pace in January, in a sign of the country’s continued economic slowdown. 

Property foreclosures in January-September rose to 584,000 units from 441,000 in the same period last year.

China's property foreclosures up by a third so far in 2023

The number of property foreclosures in China rose 32.3 per cent in the first nine months of the year, according to a private survey, as homeowners grappled with debt amid a property market slump and s...