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Vancouver Chinese New Year

45,000 Chinese Seek New Homes After Canada Cancels Investor Visas

Vancouver Chinese New Year

2014/02/18 by Michael Cole Leave a Comment

More than 45,000 wealthy Chinese who had hoped to gain Canadian residency may be looking for a new haven outside of China after Canada cancelled its investor visa program last week.

The move by Canada’s government came within one week… Read More>>

More than 45,000 wealthy Chinese who had hoped to gain Canadian residency may be looking for a new haven outside of … Read more>>>

Shanghai Tower crane

Russian Daredevils Offer Sneak Preview of the Shanghai Tower

Shanghai Tower crane

2014/02/17 by Michael Cole Leave a Comment

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>>

While China was busy setting off firecrackers over the spring festival holiday, two Russian daredevils decided to … Read more>>>

Dalian Wanda Wang Jianlin

Could China’s Property Sector Create a New Credit Crisis?

Dalian Wanda Wang Jianlin

2014/02/17 by Michael Cole Leave a Comment

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>>

Rising land prices and a government credit clampdown are forcing China's real estate developers to borrow more money at … Read more>>>

Frankland

China Real Estate People in the News 2014-02-17

Frankland

2014/02/17 by Michael Cole Leave a Comment

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>>

Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, … Read more>>>

Xinyuan Zhang Yong

Xinyuan Real Estate Spends RMB 1.3B on New Land Purchases

Xinyuan Zhang Yong

2014/02/17 by Michael Cole Leave a Comment

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>>

Xinyuan Real Estate Co., Ltd. (NYSE: XIN) announced last week that it had that it had committed RMB 1.29 billion ($213 … Read more>>>

Wenzhou Ferrari

29 Months of Falling Home Prices Bring Chinese City to the Brink

Wenzhou Ferrari

2014/02/17 by Michael Cole Leave a Comment

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.

… Read More>>

Wenzhou, the wealthy port city in eastern China's Zhejiang province, was once famous for its savvy real estate … Read more>>>

Wang Shi Vanke

Vanke Boss Wang Shi Says China’s Entrepreneurs Need to Lead

Wang Shi Vanke

2014/02/17 by Michael Cole Leave a Comment

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>>

Vanke founder Wang Shi is offering advice for Chinese society, and his recommendation is that the country's … Read more>>>

Producer Index Shows China Inflation Headed Down

2014/02/17 by Michael Cole Leave a Comment

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>>

China's producer price index (PPI) contracted 1.6 percent year on year in January, following a 1.4-percent drop in … Read more>>>

China trust in me

China Shadow Bank Assets Up 46 Percent in 2013 to US$1.8T

China trust in me

2014/02/13 by Michael Cole Leave a Comment

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>>

Assets under management by China's trust industry grew by 46 percent during 2013, as the industry -- and seemingly the … Read more>>>

Grand Canyon Mall Beijing

Revenues Down 8.7 Percent as CapitaMalls Slows China Expansion

Grand Canyon Mall Beijing

2014/02/13 by Michael Cole Leave a Comment

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>>

Revenues for Singaporean retail developer CapitaMalls Asia dropped 8.7 percent during the fourth quarter of 2013, due … Read more>>>

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