China's
Its read on household sentiment towards current economic conditions rose to its highest level since July last year, just before a mishandled renminbi devaluation crystallised global concerns about a full-on Chinese economic meltdown. But consumer …
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The US bank said record credit growth over the last quarter will keep growth humming for a little longer but the fiscal blitz is already ebbing and the government is imposing property curbs in the Eastern cities to prevent a speculative bubble. China's …
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With 2016 off to a rough start, there are fears that China's 40 percent stock market declines from recent highs could spell trouble for the global economy. Fears of a Chinese housing bubble collapse, social unrest, and declining demand for imports …
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China's economy grew at its slowest pace since the global financial crisis in the third quarter, reviving expectations of further stimulus to avert a stalling of the world's growth engine. The world's second largest economy expanded by 6.9 percent in …
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We know what happens when the value of the underlying asset falls: this affects the capacity to repay, as the US housing market in 2006-08 vividly illustrated. The housing bubble began to subside from early 2014: total …
In the US, the risky investments were largely made by large financial institutions, which then became insolvent when the housing boom ended and required a bailout. By contrast, most of the investments in China are made by individual investors who will …
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The rest of the world can handle a Chinese stock market crash, but not a Chinese housing crash. That really could be 1929 with Chinese characteristics. Matt O'Brien is a reporter for Wonkblog covering economic affairs. He was previously a senior …
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You remember the housing bubble, don't you? Millions of Americans got it into their heads that it was a great idea to hock themselves up to their eyeballs to buy houses they couldn't afford. They knew — or thought they knew — that house prices would …
China's massive housing bubble now imploding; economic collapse likely to spread globally.
"China, fueled by runaway lending, has produced far more housing, steel, iron, and a host of other goods than it knows what to do with, amassing unprecedented levels of overcapacity and, by my estimate, making a staggering $2-$3 trillion in problem …
Take, for example, China's real estate bubble. Even with last year's 4.5% drop in housing prices, the first in two decades, the unraveling of the overbuilt real estate sector has hardly begun. More than 60 million empty apartments await buyers, and the …
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From Bloomberg News. The biggest immediate risk facing China's economy is about to get worse. A reluctance among some developers to sell units at prices lower than they could fetch just months ago threatens to cause a …
Most analysts and economists agree that the real estate market in China is up for some major correction, however it is difficult to predict whether there will be a housing crisis or just a slow stabilization of prices. Some industry indicators and …
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China's housing bubble is bursting — and Australia should be very worried. by Michael Sainsbury. An office building in Kunming is demolished to make way for a new business centre development. Things are grim in Kunming …
The Chinese housing has been in rough shape for more than a year. Quartz's Gwynn Guilford charts the latest set of bad numbers. It's not an out of control crash just yet – prices are still rising on a yearly basis – but the boom …
Just a day after Pan Shiyi's comments surfaced, China Vanke – the largest property developer of China – told Bloomberg that the "golden era" of the country's housing market had passed. "The period in which everybody makes money out of property is gone …
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China's home buyers are being offered no-money-down purchases in an echo of the subprime lending that triggered a U.S. economic meltdown and the global financial crisis. Deals skirting government requirements for minimum 30 percent down payments …
The US housing crash was transformed into something far more serious by excesses in the financial sector, and by adverse wealth effects on consumer spending. Even though China has also built up severe credit excesses in …