China • Real Estate • News

Real estate is a highly political issue in China. Real estate prices have risen rapidly in recent years. Many have bought houses to invest and speculate. As an ordinary wage earner, it is difficult to find affordable housing these days. Housing and rental prices are thus an emotional issue. The new 14th Five-Year Plan promises more affordable housing. Fears about a bursting bubble were long considered unfounded. But with real estate companies and developers like Evergande and Kaiser, a collapse of the Chinese real estate market is looming. The Chinese government is trying to counteract the collapse with drastic rules.

From the real estate crisis to interest payments by real estate companies to restructuring of the real estate industry – read current China real estate news from the Table.editorial team!

All news and posts of our editorial team on the topic

The Chinese Special Administrative Region was hit even harder by the pandemic than the People's Republic. Now the financial metropolis seeks to make a comeback. But that will not be easy. continue reading →

Chinese battery recycling startup Botree decided to make the town of Guben its German site. So far, Botree Cycling has benefited from the high subsidies on the Chinese market. Now it wants to take advantage of the proximity to Tesla's Gigafactory in Gruenheide. continue reading →

So far, 2022 has been a disastrous year for Asia’s richest woman: Yang Huiyan has lost more than half of her fortune, which once totaled nearly $24 billion. And now her real estate company Country Garden is also facing serious liquidity problems. The story of the just 41-year-old entrepreneur is symbolic of the drastic transformations […] continue reading →

In China’s housing crisis, some cities are resorting to drastic measures. In Shimen, in Hunan province, an official called on state employees to buy new properties. According to a Reuters report, the official said at a property fair, that he hopes “attendees, including government officials, will lead the way in buying another home.” In the […] continue reading →

Because their apartments are not being completed, tens of thousands of buyers threaten to stop paying their mortgages. The government is on high alert. Will the real estate crisis escalate? continue reading →

Real estate prices continued to fall in China in June. It is the tenth consecutive month of falling prices, as data from the National Bureau of Statistics show. Bloomberg also reports that home sales fell year-on-year. They have been in the red for twelve months. China’s real estate sector faces a deep crisis. Numerous large […] continue reading →

Numerous Chinese homebuyers have stopped making their monthly mortgage payments in protest. Analysts at the US-based Jefferies Financial Group Inc. reported that 28 construction projects were affected on Monday, 58 on Tuesday and as many as 100 on Wednesday. The homebuyers are protesting against project developers’ failure to meet schedules, Caixin Global reports. According to […] continue reading →

The heavily indebted Chinese real estate group Evergrande could get into real trouble with its creditors. The company “Top Shine Global Limited of Intershore Consult (Samoa) Limited” has filed a winding-up lawsuit against China Evergrande Group with the Hong Kong High Court. According to the filing, a hearing is to be held on August 31. […] continue reading →

China is sticking to its target of 5.5 percent growth for this year - even though the Premier has set it before the big lockdowns. As a result, Western analysts have long since downgraded their forecasts. However, top economist Justin Lin still considers the target to be realistic. continue reading →

The deconstruction of financial conglomerate Huarong is also radiating into Germany. After the execution of company founder Lai Xiaomin, numerous high-profile real estate properties owned by the Huarong real estate subsidiary are vacant – including a replica of the Diaoyutai guesthouse that was supposed to be built in Niederrad near Frankfurt. This was reported to […] continue reading →

The problems on China’s real estate market are expected to worsen this year, according to economists. Average property prices are expected to fall by 1.3 percent in the first half of the year, according to a Reuters poll among analysts and economists published on Tuesday. They predict stagnation for the entire year. Accordingly, real estate […] continue reading →

The economic fallout from China’s Covid Lockdowns is becoming clearer: real estate sales plunged in April by the steepest rate in 16 years; the manufacturing sector is cutting back production; retail sales are declining; and investment is weaker than expected. Meanwhile, the unemployment rate rose to its highest level in more than two years. The […] continue reading →

Real estate developer Sunac China can no longer meet its payment obligations, the group announced on Thursday. The company has failed to service interest payments on an overseas bond, Nikkei Asia reports. Delays had already occurred last month. Now, after a 30-day deadline, Sunac had to announce the default. At issue are the interest payments […] continue reading →

Evergrande has run out of money – that much is clear. The company cannot even present its annual balance sheet. This process shows: Large corporate bankruptcies often do not end with bankruptcy proceedings. Especially in China, an agonizingly long phase of denial of reality usually follows instead. continue reading →

The Hong Kong Stock Exchange has suspended trading in shares of the troubled property developer on Monday. Trading of its EV subsidiary Evergrande NEV and a service subsidiary was also temporarily suspended, Bloomberg reported. The company and the stock exchange did not provide any official explanation. Back in January, the highly indebted company announced that […] continue reading →

China will not expand its pilot program for a real estate tax this year. This was reported by Xinhua, citing a source in the Ministry of Finance. Current economic conditions would make it difficult to expand the program. The real estate market is currently under pressure, with property prices currently falling slightly. Major developers such […] continue reading →

According to a Bloomberg report, analysts have discovered inconsistencies in robust growth indicators from January and February. Indicators in question are the gains in industrial production and retail trade announced this week. According to the National Bureau of Statistics, industrial production grew by a surprisingly high 7.5 percent year-on-year in the first two months, while […] continue reading →

A Chinese court has frozen assets of an Evergrande subsidiary worth about $100 million. The decision follows a lawsuit filed by state-owned Shanghai Construction against Evergrande, Reuters reported. The real estate developer had failed to pay overdue construction fees to Shanghai Construction. In a second court case, an additional $57 million had been frozen, Shanghai […] continue reading →