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China property defaults won’t stop banks lending to cash-strapped developers, says Goldman Sachs report

by Anas Siddiqui
China property defaults won’t stop banks lending to cash-strapped developers, says Goldman Sachs report

Moreover, the losses and defaults tied to the property crisis have not stopped Chinese lenders from supporting the country’s struggling developers. Bank lending to the sector, as measured by loans …

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China property: Sunac, Country Garden projects among property developments added to local governments’ ‘whitelists’, to get financial support from banks

by Anas Siddiqui
China property: Sunac, Country Garden projects among property developments added to local governments’ ‘whitelists’, to get financial support from banks

While Beijing-based Sunac had 90 projects cleared for loan applications on Monday, Shanghai-based developers Shimao and CIFI had 16 and 18 projects, respectively, added to whitelists over the past week, …

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China homes sales continue to tumble as Beijing’s support measures fail to shore up weak sentiment in property market

by Anas Siddiqui
China homes sales continue to tumble as Beijing’s support measures fail to shore up weak sentiment in property market

Despite a slew of measures rolled out by Chinese regulators recently to boost demand for property, developers are still struggling with weak sales and reported declines of more than 40 …

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