Wen Growth Pledge Spurs Speculation of China Stimulus – and more of Today’s China Real Estate Links | May 22, 2012

Here is a list of the day’s latest China real estate news collected from around the web:

• Wen Growth Pledge Spurs Speculation of China Stimulus

  Chinese Premier Wen Jiabao’s pledge to focus more on bolstering growth spurred speculation the government will step up efforts to combat a slowdown in the world’s second-largest economy. Wen called for “putting stabilizing growth in a more important position” and didn’t mention concern about inflation in remarks published yesterday by the official Xinhua News Agency.

• China’s Wanda to Buy AMC Cinema Chain for $2.6 Billion

  China’s largest entertainment group agreed to buy AMC Entertainment Holdings Inc. (AMC) for $2.6 billion including debt, expanding into the U.S. to create the world’s biggest cinema owner. The deal by Dalian Wanda Group, controlled by billionaire real-estate developer Wang Jianlin, is the largest-ever purchase of a U.S. company by a Chinese firm, according to data compiled by Bloomberg.

• Asia Stocks Rise After China Premier Says Growth Is Focus

  Asian stocks rose, with the regional index rebounding from its biggest drop in six months, after Premier Wen Jiabao said China will focus more on bolstering economic growth. China Overseas Land & Investment Ltd., a developer controlled by the nation’s construction ministry, rose 1.8 percent in Hong Kong.

This list is updated daily, so tune in again tomorrow for more up to date information, or subscribe to our daily email news digest to get this delivered to your mailbox.