Asia Pacific real estate investment news and information
As China pushes forward with president Xi Jinping’s anti-corruption drive, the government seems to be paying increasing attention to the country’s real estate market.
In the last four days, three significant steps have been taken to clamp down on corruption… Read More>>
China took a step designed to both cool down its housing market and perk up its economy last week when it set aside RMB 119.3 billion ($19.2 billion) to build low cost homes.
According to a story in the Wall… Read More>>
China created a new government agency on Thursday, which normally isn’t big news, but the new bureau set up to track real estate assets nationwide could become a key weapon in Xi Jinping’s struggle to tame his own bureaucracy.
The… Read More>>
Global luxury brands and the mall developers that love them have hit hard times in China as Xi Jinping’s anti-corruption campaign has seen shoppers desert high end stores.
According to a recent report in the South China Morning Post, many… Read More>>
Outgoing New York mayor Michael Bloomberg made his billions selling information. However, when it comes to publishing news on how Wang Jianlin, one of China’s biggest overseas investors, became the country’s richest man through government connections, then apparently the story… Read More>>
China’s anti-corruption may have caused a Chinese state-owned company to buy real estate overseas recently, but not for the usual reasons associated with capital flight.
China’s luxury liquor-maker, Kweichou Moutai, which produces the hard-edged baijiu favored by government officials last… Read More>>
China’s weather wasn’t the only thing setting heat records in July, as home prices rose in 69 out of 70 cities, led by a 17 percent year on year jump in Shenzhen and Guangzhou – and this rise in the… Read More>>
