foreclosure

China’s economic downturn has resulted in a growing number of debt-saddled property owners who are forced to sell, especially as real estate loans account for a large majority of the country’s non-performing debt.

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.

2024-02-22T10:38:15.000Z

Property

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...

2023-10-30T08:59:35.000Z

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