Shenzhen relaxes property purchase restrictions, industry says effect is limited
On May 6, Shenzhen issued a notice relaxing some of the restrictions on the property market in certain areas. However,…
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Chinese tighten belts during May Day holiday amid economic downturn.
During the May 1st holiday, just ended, data shows that Chinese people have increased their travel during the holiday period,…
China’s New Home Sales Plummet by 47% Year-on-Year during May Day Holiday
China’s real estate market continues to struggle. The latest data shows that during the “May Day” holiday, the average daily…
China’s monitoring of low-income population has hidden agenda, experts analyze stability intention.
The Chinese Ministry of Civil Affairs recently issued a notice requiring local authorities to strengthen the identification and dynamic monitoring…
China’s diamond market downturn, Diya Corporation’s performance plummeted, massive store closures.
China’s diamond consumption market continues to struggle as the renowned diamond ring brand DR (Darry Ring) parent company De Beers…
“In light of a weak economy, the trend of forming ‘savings buddies’ is on the rise among Chinese women”
In China, the sluggish economy and high unemployment rates have left ordinary people feeling increasingly anxious about the future. The…
Chinese airline company incurred a total loss of 17.1 billion last year.
Recently, the annual reports for 2023 and the first quarter of 2024 of Chinese listed airlines have all been released….
Chinese Housing Market: Second-hand House Prices in 100 Cities Drop for 24 Consecutive Months, Trading Volume Continues to Increase
In the latest update, the Chinese real estate market continues to struggle. New data shows that prices of second-hand homes…