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Keywords: Property crisis
China’s consumer inflation weakened more than expected in July, highlighting persistent pressure on domestic demand and underscoring the challenges facing policymakers as they seek to strengthen household consumption. The consumer price index (CPI) rose just 0.5% year on year, according to official......
The former chairman of China Evergrande Group, Hui Ka Yan, has admitted guilt in a major fraud case, marking a dramatic fall from one of the most powerful figures in China’s property sector to a central figure in its largest corporate collapse. Once celebrated as the founder of a real estate empire......
China has officially scrapped its "three red lines" policy for real estate developers, lifting the strict credit limits that ignited a debt crisis still rippling through the world's second-largest economy. According to a report from China Real Estate Business, a publication under the Ministry......