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Timing is everything in life and right now happens to be one of the worst times to be a home builder in China. After going on an aggressive building spree that sparked the Chinese economy, Reuters ...
In 2022, real estate trust defaults totalled 93 billion yuan ($13.1 billion), up slightly from 91.7 billion yuan ($12.9 billion) in 2021, according to Chinese data provider Use Trust.
The State Council is gathering feedback on the preliminary plan from various provinces and government bodies, the report added, citing people familiar with the matter. China's blue-chip CSI 300 ...
Traditional Chinese house architecture refers to a historical series of architecture styles and design elements that were commonly utilized in the building of civilian homes during the imperial era of ancient China. Throughout this two-thousand-year-long period, significant innovations and variations of homes existed, but house design generally ...
By 2014, Chinese builders have added 100 billion square feet of housing space in China, equating to 74 square feet per person. Construction of urban housing was a major undertaking. The country has shown a major shift in allocating funds and resources to housing their people, building over 5.5 million apartments between the years of 2003 and ...
Urban planning originated during the urbanization of the Yellow River valley in the Neolithic Age, which began in China around 10,000 B.C. and concluded with the introduction of metallurgy about 8,000 years later, was characterized by the development of settled communities that relied primarily on farming and domesticated animals rather than hunting and gathering. [1]
An empty corridor in the mostly vacant New South China Mall. The 2005 Chinese property bubble was a real estate bubble in residential and commercial real estate in China. The New York Times reported that the bubble started to deflate in 2011, [1] while observing increased complaints that members of the middle class were unable to afford homes in large cities. [2]
China’s property sector is continuing its yearslong crisis, as giant property developers risk default and home prices continued to sink, perhaps by more than what official data suggests.. Real ...