Housing regulator explains that Chinese real estate brokerage agencies need to implement reasonable reductions to fees for housing transactions and leasing services to promote healthy sector development, Invest-Ga ...
New home sales in China surge 55.7% month-on-month in March 2023, compared to a growth of 31.9% in the previous month, Invest-Gate reports.
China changes its policies to help the real estate industry including easing financing for developers and taking steps to revive homebuyer demand.
According to the plan, the People’s Bank of China is set to inject ¥80 bn worth of loans at 1.75% interest.
The latest decline comes after weeks of announcing a plan by policymakers to revive the market.
Authorities start opening land borders between China and Hong Kong as of January 8th after the cancelation of China’s zero-Covid policy.
The People's Bank of China states earlier this month that the floor on mortgage rates can be lowered or abolished for first-time home buyers in phases, in the case of cities where the selling prices of new homes f ...
The forecast flourishing of Indian demand for steel, coupled with the decelerated demand in China caused by the surge in Covid cases, position India as a savior of the global demand for the metal.
CapitaLand’s wholly-owned lodging subsidiary The Ascott Limited has secured contracts for 25 new properties that contribute over 5,400 units across 19 cities around the world, amid the COVID-19 headwinds.
The Egyptian Electricity Transmission Company (EETC) has partnered with a Chinese consortium to build a substation in Madinaty II, east Cairo, at costs estimated at EGP 303 mn.
