Enormous investment opportunities lay in the emerging superpower, says Cityscape Asia 2010 China holds enormous opportunities for investment as its economy surges, say leading economists and investment experts at Cityscape Asia 2010 in Singapore yesterday. Speaking at a keynote session on evaluating the economic outlook for China 2010 and beyond, David Wong, Chief Economist at Shui On Land, said the...
China Property Market
China's moves to rein in soaring real estate prices appear to be cooling demand in the red-hot sector, reducing the risk of the market overheating and derailing the booming economy, analysts say. In the past two weeks, the government has introduced a range of measures aimed at curbing rampant speculation and spiralling prices, but analysts warn the rules can be skirted easily by buyers looking to make a...
Leveraged developers, rather than end buyers, are the most likely source of risk for real estate in China. And Citi says China's efforts to rein in its property price bubble are unlikely to affect other sectors, thanks to the government's effective control over policy. Momentum in China real estate continues to build. Citi says while the signs of a bubble are clear, the greatest risk within the market...
China's property market will probably go through a "more meaningful correction" this year because the price gains in 2009 aren't sustainable, according to Mr Christopher Lee, corporate ratings director at Standard and Poor's. The outlook for the Chinese market is "neutral" for this year, Mr Bei Fu, an associate director of corporate ratings at S&P, said during a conference call with Mr Lee on...
Municipal governments in Shanghai and Hangzhou on China's east coast have joined a growing number of cities to introduce measures to prop up the sliding real estate market. For individuals buying their first homes in Shanghai, the maximum they can borrow from the government's housing fund has been doubled to 200,000 yuan ($43,100), the city's housing fund management agency said. The new rules took effect...