Real estate crisis in China can inflict bigger economic blow

Aug 14, 2022

Beijing [China], August 14 : The real estate slump in China has sucked in both banks and provincial governments, threatening a bigger impact on...

China cuts lending rates to counter deepening economic slowdown: Report

Jan 22, 2022

Beijing [China], January 22 : China slashed lending rates for the second consecutive month as the country contends with a deepening slump in the...

China may fail to meet target of 5.5 pc GDP growth this year

Mar 10, 2022

Beijing [China] March 11 : China, which is the second-biggest economy in the world, is facing a slowdown due to a slump in manufacturing,...

Patience of Chinese homebuyers wears thin amid real estate slump

Jul 20, 2022

Beijing [China], July 20 : Amid reports of homebuyers halting mortgage payments that rocked bank stocks in China, analysts said that the real estate...

China's real-estate economic slump threatens Xi's aspirations for third term in power

Aug 25, 2022

Beijing [China], August 25 : In an attempt to revive the economy hurt by real estate debt problems, the Chinese central bank announced a...

China introduces digital Yuan in real estate sector

Apr 01, 2022

Beijing [China], April 1 : China has introduced the use of digital Yuan in the real estate sector with payments worth around USD 87,000...