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China property market
Shanghai's wealthy upgrade to new luxury homes despite property market downtrend
Sales of luxury homes in Shanghai are soaring as rich individuals, undeterred by China real estate market’s slump, purchase newly built units in prime locations.
Rich Chinese snaps up multi-million-dollar luxury homes in Shanghai
Real estate, stocks lose appeal in China as people shift to savings, gold
China's 2022 economic growth one of the worst on record, post-pandemic policy faces test
China's economic growth in 2022 slumped to one of its worst in nearly half a century as the fourth quarter was hit hard by stringent Covid curbs and a property market slump, raising pressure on policymakers to unveil more stimulus this year.
January 16, 2023 | 08:01 pm PT