Here is a list of the day’s latest China real estate news collected from around the web:
- China Housing Prices Are Not Collapsing
China’s hard landing call is the Iraq weapons of mass destruction call in 2003. It sounds scary, until you look closer and listen to more than one person.
- Carrefour ordered to close China store
Authorities in central China have ordered European retail giant Carrefour to temporarily close one of its stores, a local government official said on Monday, days after state media said the chain was passing off regular chicken as free-range meat.
- Double Checking China’s Housing Price Data
The latest numbers from the National Bureau of Statistics show average house prices in February up just 0.2% compared to a year ago, and falling 0.1% month-to-month, the fifth month-to-month fall in a row.
- Bo Ouster Means State Capitalism in China Will Fade, SOHO Says
Bo Xilai’s ouster last week as head of Chongqing is a signal that China will increase the role of private businesses in the economy and scale back state capitalism, said Zhang Xin, Chief Executive Officer of Soho China Ltd.
- Intersport to Open 80-100 Stores in South China
Intersport International Corp. (IIC) is opening 80 to 100 multi-sport/multi-brand stores with a retail surface of 1,000 – 1,500 square meters in South China.