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  2. Chinese property sector crisis (2020–present) - Wikipedia

    en.wikipedia.org/wiki/Chinese_property_sector...

    The same day, official figures showed real estate output in China was down 1.6% in the third quarter year on year, the first time it has been negative since the start of the pandemic. [ 43 ] On 20 October 2021, the National Bureau of Statistics of China published data indicating that home prices had fallen month-on-month for the first time ...

  3. China scrambles to prevent another big property developer ...

    www.aol.com/china-scrambles-prevent-another-big...

    In January 2024, its sales dropped by 32%. ... Beijing has been scrambling to fix its real estate crisis since 2021, when Evergrande, the world’s most indebted developer, defaulted on its ...

  4. China is trying to end its ‘epic’ property crisis. The hard ...

    www.aol.com/china-trying-end-epic-property...

    Even though China’s economy expanded faster than expected at the start of this year, growth is being weighed down by the all-important real estate sector, which once accounted for as much as 30% ...

  5. China unveils ‘historic’ rescue for crisis-hit property ...

    www.aol.com/china-unveils-historic-rescue-crisis...

    Even though China’s economy expanded faster than expected at the start of this year, growth is being weighed down by the all-important real estate sector, which once accounted for as much as 30% ...

  6. Beijing is asking banks not to ‘blindly withdraw loans’ to ...

    www.aol.com/finance/beijing-asking-banks-not...

    China’s real estate crisis, now stretching into its third year, is dragging down the country’s economy, hitting an important store of wealth, and dampening consumption. Home prices continue to ...

  7. China’s economy will be hobbled for years by the real estate ...

    www.aol.com/china-economy-hobbled-years-real...

    The World Bank cut China’s gross domestic product (GDP) forecast for 2024 to 4.4% from 4.8% on Sunday, citing persistent domestic difficulties such as elevated debt, property weakness and an ...

  8. China doubles down on moves to mend its economy and ... - AOL

    www.aol.com/news/china-doubles-down-moves-mend...

    A collapse in China’s real estate market has been one of the key factors hindering the country’s recovery from the s China doubles down on moves to mend its economy and fend off a financial crisis

  9. Real estate in China - Wikipedia

    en.wikipedia.org/wiki/Real_estate_in_China

    Real estate in China is developed and managed by public, private, and state-owned red chip enterprises.. In the years leading up to the 2008 financial crisis, the real estate sector in China was growing so rapidly that the government implemented a series of policies—including raising the required down payment for some property purchases, and five 2007 interest rate increases—due to ...