Asia Pacific real estate investment news and information
While China was busy setting off firecrackers over the spring festival holiday, two Russian daredevils decided to celebrate the new year with an unauthorised climb of China’s tallest building.
The lack of an elevator or even exterior walls on the… Read More>>
Rising land prices and a government credit clampdown are forcing China’s real estate developers to borrow more money at higher rates – a combination that is likely to compress profit margins and put some companies into financial difficulties.
The country’s… Read More>>
Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, or finally polished the apple to such a high gloss that they get to do more work and maybe get a… Read More>>
Xinyuan Real Estate Co., Ltd. (NYSE: XIN) announced last week that it had that it had committed RMB 1.29 billion ($213 billion) to acquire new land in Chengdu and Sanya. The acquisitions by the New York Stock Exchange-listed developer come… Read More>>
Wenzhou, the wealthy port city in eastern China’s Zhejiang province, was once famous for its savvy real estate speculators. Now, however, this centre for the country’s new wealth has become noteworthy for the ongoing slide of its real estate market.
Vanke founder Wang Shi is offering advice for Chinese society, and his recommendation is that the country’s entrepreneurs need to play a bigger role in deciding the country’s future.
Since resigning as CEO of China’s largest real estate developer in… Read More>>
China’s producer price index (PPI) contracted 1.6 percent year on year in January, following a 1.4-percent drop in December, data from the National Bureau of Statistics (NBS) showed on Friday.
The index, which measures inflation at the wholesale level, has… Read More>>
Assets under management by China’s trust industry grew by 46 percent during 2013, as the industry — and seemingly the nations’s investors managed to shrug off the potential for default in the country’s loosely regulated shadow banking industry.
The China… Read More>>
Revenues for Singaporean retail developer CapitaMalls Asia dropped 8.7 percent during the fourth quarter of 2013, due mainly to a slow down in China, the company said in a statement this week.
According the most recent financial results for the… Read More>>
China’s trade surplus jumped 14 percent year-on-year in January to $31.86 billion amid signs of slowing economy, data showed Wednesday.
January exports rose 10.6 percent year-on-year to $207.13 billion U.S. dollars while imports increased 10 percent to $175.27 billion, the… Read More>>
