Restructuring terms allow the Chinese developer to effectively cut its annual borrowing costs to 4.12 per cent from 9.6 per cent.

Chinese Vice-Premier He Lifeng called on local governments to purchase undeveloped land and unsold homes from property developers in a strong signal of Beijing's determination to rescue the sector.

New home prices across mainland China in December registered the smallest month-on-month decline since June 2023, propelled by Beijing’s stimulus package. However, it would be some time before ...

New home prices across mainland China in December registered the smallest month-on-month decline since June 2023, propelled by Beijing's stimulus package. However, it would be some time before the ...