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China property recovery elusive despite relief, say S&P, Fitch; others see bright spots

by Anas Siddiqui
China property recovery elusive despite relief, say S&P, Fitch; others see bright spots

Beijing’s most ambitious attempt yet to support China’s slumping property market was panned by S&P Global and Fitch Ratings, as the two agencies predict more downside for the crisis-hit sector, …

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Local governments inject liquidity into China housing market by encouraging upgrades with limited success. Here’s why

by Anas Siddiqui
Local governments inject liquidity into China housing market by encouraging upgrades with limited success. Here’s why

In an effort to boost a stagnant housing market, China’s local governments have been urging residents to sell their old homes in exchange for new ones, but the call has …

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