china

China Rolls Out New Property Relief Measures Following Evergrande’s Liquidation

Beijing rolled out a new loan worth $46 million to a state-backed development in a bid to support real estate companies eligible for credit, debit, and equity financing.

How does China's real estate market look in 2017?

China’s Real Estate Crisis May Continue To Persist in 2024: Expert

More than 50 Chinese real estate firms, including giants Evergrander and Country Garden, defaulted on their debt since 2021.

China Evergrande Ordered To Liquidate Amid a Debt of $300 Billion

Evergrande was once China's largest seller of real estate until it defaulted on its offshore debt in December 2021.

China's Impact on Global Real Estate

While much of the business is in mergers and acquisitions, especially in the agribusiness sector, Chinese purchases of real estate properties and/or interests have made a splash in the global real estate market. Amongst the purchases were the $13 billion spent for Starwood Hotels &Resorts Worldwide Inc. The total volume for the quarter had already surpassed $16 billion.

Forbes Sizes Up Real Estate Wealth of Donald Bren and other Global Billionaires

Real estate mogul Donald Bren's worth has been pegged at $15.1 billion according to a recently published Forbes list of billionaires worldwide. He holds the world's 54th most valuable global personal fortune and the third largest individual real estate empire.

Chinese and Middle Eastern Investors Rule London Property Market

Investors from the Middle East and China are currently ruling the London residential real estate market. Russian investors, on the other hand, choose to rent most of the time.

Who Can Really Afford London?

If you can't afford living in Europe, who else could? May you be a millionaire or just a random businessman, if you are worth your salt to invest a good life in Europe, you definitely can, even if you are an Asian.

China Real Estate: Home Prices Continue to Rise in More Cities

Data reveals that more cities in China has home price increase despite the number of measures being taken by the government.

Chinese Homebuyers Can Now Connect Directly With Zillow Premier Agents

Zillow announced a move that would make it easier for their prospective Chinese clients to connect with them this week in a bid to capture one of the biggest segments of foreign real estate investors.

Golden Mao Zedong Statue in China Gets Demolished Amid Criticisms

Just a couple of days after photos of a giant gold statue of Mao Zedong in China's Henan Province surfaced, the mural immediately went missing - as it turns out, local officials decided to demolish it due to embarrassment.

10 Tallest Buildings Worldwide: Chicago's Willis Tower Gets the Boot, Only 1 U.S. Building Remains on List

As China's Shanghai Tower sees its completion, the Council on Tall Buildings and Urban Habitat has announced the recent adjustments made on its Top 20 Tallest Buildings Worldwide. Unfortunately, Chicago's Willis Tower has found itself falling from the top 10.

China Firms Continue To Invest Overseas in UK, Australia, US Real Estate

As China faces a crisis in its local real estate market, the country's wealthy investors are quickly boosting their overseas assets in an effort to increase profit and presence globally. Which basically means more investments in the U.S.

Hong Kong Real Estate: Dorm-type Apartment Development Company Targets Unmarried Young Professionals

The startup began by securing a single floor within an old residential building in Sham Shui Po. The entire 5000 square-foot floor space was renovated and divided into 30 rooms with floor areas varying between 50 meters to 150 meters. There is 2 shared bathrooms for everyone, a conference room and a public space.

China's Economic Slowdown to Affect Luxury Real Estate Market World Wide, but a Hope for a Better Overseas Real Estate Market Possible

China's economic slow definitely has a role in the major changes of the global investment world. In the aspect of real estate, China's slowdown will surely affect prices of luxury real estate in major cities world-wide.

Survey Says US Real Estate To Reel In More Foreigners in 2016

Expect to find more foreign investors to put in more money into American properties this 2016 more than last year, in addition to New York being the sought-after market globally. These were the findings based on a survey conducted by the Association of Foreign Investors in Real Estate (AFIRE).

China Loosens Child Limit Policy With New Two-Child Policy

Before the newly reformed law takes effect, the bearing of more than one child which violates the one-child policy will result to a fine of more than $6,000.

Uber Taxi App Partners with Facebook's Messenger

The partnership was announced by both parties in their individual blogs. It seems Facebook is trying to create an all-in-one app out of their Messenger app.

Chinese Invents Car That Drives Using Mind Control

Nanakai University researchers partnered with, Chinese car-maker, Great Wall Motor. The partnership has been going on for two years and the project shows great potential.

Chinese Real Estate Investments Pull Back In Australia

Chinese investments are slowing down Australia in 2015 says a major real estate franchise, Phil McCarroll of Your Investment Property reports.

China Dominates U.S. Real Estate Market

China has been a major player in New York real estate market but is now expanding their influence on a national scale as it surpasses Canada as the largest foreign buyer of homes in the United States, The Wall Street Journal reports.

Xiaomi Dives Into Mobile Gaming Scene

The mobile world is on the look out to what the smartphone industry giant, Xiaomi, will do next after making a decision of venturing into mobile game scene. From making low-cost smartphones and gadgets, Xiaomi’s vision of expanding even further has led them to invest in the mobile gaming community.