HONG KONG/BEIJING, Jan 31 (Reuters) - A state-backed property project in China has received the first development loan under a so-called whitelist mechanism and two more major cities have eased ...
China will reveal its first list of housing projects eligible for funding by the end of January, the latest attempt to boost bank lending for real estate to slow the sector’s slump. The projects will ...
HONG KONG, Feb 5 (Reuters) - More distressed property developers in China have had projects added to local authorities' so-called whitelists, reflecting the rapid expansion of a government policy ...
For much of the past decade, China’s real estate sector has been a key driver of economic growth, contributing roughly a quarter of the country’s GDP. However, since 2021, the industry has become a ...
Citic said its new fund was as safe as they come because it would invest in real estate. Then the developer defaulted and the projects stalled. By Claire Fu and Daisuke Wakabayashi Reporting from ...
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