Here is a list of the day’s latest China real estate news collected from around the web:
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China November factory output jumps to eight-month high
Growth in China’s factory output and retail sales jumped to eight-month highs in November as consumer inflation bounced off 33-month lows in the latest sign that its economy is snapping out of a protracted slump.
Analysts said Sunday’s data showed China is enjoying an enviable mix of benign inflation and rebounding economic growth that allows Beijing to stand still on monetary and fiscal policies, or switch to an easier stance if needed.
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Sea Bass With Barbie Dolls Challenge Wal-Mart in China
Shelves stacked to the ceiling with low-price hot sauce, Barbie dolls, and noodles stand near tanks where shoppers can fish out live sea bass for dinner. Welcome to RT-Mart, China’s version of Wal-Mart Stores Inc.
From Shanghai to Chengdu, the outlets run by China’s largest big-box retailer, Sun Art Retail Group Ltd. (6808), are recreating American-style Wal-Marts, with one big difference: They’re giving them the feel of local street markets with hairy crabs laid on table tops and discounted hot-pot ingredients.
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CBRE Announces Reindeer Relocation to HK
Hong Kong has one of the most expensive and crowded property markets in the world, and CBRE, the commercial real estate services firm with offices here, can be highly imaginative when illustrating that point.
The CBRE team has released a Christmas video with the tongue-in-cheek announcement that Santa Claus, “the world’s leading toy distributor,” had found a solution to the tricky issue of where to stable his “global distribution mechanisms.” That is, the reindeer.
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