THE CHINA

Amid a real estate slump in China, 600 apartments in Beijing sold out within 24 hours last month, and the remaining potential buyers, around 3,200, left the on-site estate sales office disappointedly.This scene occurred in a

BEIJING – Listed property companies may on average see a 60 percent increase in 2009 net profit and report even stronger numbers this year, industry analysts said on Thursday.According to Wind Info, a financial statistics provider,

BEIJING – China’s Ministry of Housing and Urban-Rural Development announced Wednesday it will block the Public Housing Fund (PHF) mortgage for third home buyers, a move to further curb property speculation.The announcement was made in a

Tourists visit the Tian’anmen Square the center of Beijing March 5, 2007. The National People’s Congress convened its annual session in the Great Hall of the People and Premier Wen

China’s policy makersurged real estate developers to cut home prices andpromised toexpand public housing projects, as the countrytries to boost housing sales and the construction industry to support the weakening economy and avert further job losses.Prices

A plan to rejuvenate China’s property sector has been submitted to the State Council for discussion and approval as part of the government’s efforts to fight the economic slowdown, industry sources said yesterday.According to Nie Meisheng,

Editor’s Note: Since the beginning of 2008, China’s GDP growth has shown a perfect “V” shape, indicating a solid recovery from the global economic slump. There is no doubt that China has achieved the goal of

Buyers stay on the sidelines awaiting govt policy moves Home sales in major cities contracted while property prices remained stable during the Spring Festival holiday as buyers and property developers wait for more policy clues from

Owing to the negative growth of foreign direct investment (FDI) in successive months, the Ministry of Commerce and/or possibly some other departments are reportedly thinking about ways to continue to attract foreign investors. Though officials fail