China's stimulus has failed to ignite demand in the second-largest economy. In the latest discovery, China has now discovered that officials allowed cash raised from the central government's budget to be invested in subpar or halted projects.

China reveals misuse of funds, raising concerns over current fiscal measures

China's property market struggles with a slew of unsold homes. The government has unveiled a $41 billion plan to convert them into affordable housing. But will it be enough to revive the ailing sector?

China: Beijing's affordable housing push faces challenges

We're turning now to China's troubled property market. A new report by Goldman Sachs paints a concerning picture, with the crisis potentially deeper than previously thought. According to Goldman Sachs, there's a massive glut of unsold homes in China.

Goldman Sachs report highlights dire Chinese property market conditions

Chinese property developer, Shimao Group is facing a legal challenge as China Construction Bank (Asia) filed a liquidation petition against it in Hong Kong over a financial obligation amounting to HK$1,579.

Liquidation suit hits China's Shimao Group over an unpaid $202 million loan

Following the removal of additional stamp duties on foreign buyers, mainland Chinese investors are flocking to Hong Kong's property market, marking a significant shift after a prolonged period of subdued activity.

Mainland Chinese investors flood Hong Kong property market. Here’s why

Industrial output in China surged by 7.0 per cent year-on-year during the January-February period, as revealed by data released on Monday. This growth rate marks an acceleration from the 6.

China's industrial output surges in early 2024, offers relief to policymakers

Country Garden Holdings Co, a major Chinese property developer, has failed to make a coupon payment on a yuan bond for the first time, signalling escalating financial troubles for the company, Bloomberg reported.

China's Country Garden defaults on yuan bond coupon payment for first time

China's largest private property developer, Country Garden Holdings, is grappling with a liquidation petition for failing to repay a term loan facility worth HK$1.

China's Country Garden faces liquidation petition amid financial challenges

China is contemplating injecting at least 1 trillion yuan ($137 billion) into its urban village renovation and affordable housing programs, in a bid to revive its struggling property market, Bloomberg reported on Tuesday, citing sources familiar with the matter.

China unveils $137bn plan to revitalise property market amid economic challenges 

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The prospects of China's largest private property developer, Country Garden Holding, defaulting on its offshore debt looks like a certainty as the grace period for its $15 million coupon payment has come to an end.

Grace period for Country Garden's coupon payment expires; default prospects loom large

The International Monetary Fund (IMF) has revised its growth forecasts for China, indicating that the country's recovery is slowing down and attributing it to the weakness in its property sector.

China’s property market could slow down Asia's economy: IMF

In a tumultuous turn of events, Country Garden, China's largest property developer, is teetering on the edge of default, sending shockwaves through the country's real estate sector.

Country Garden's default crisis signals China's property market woes

A former adviser to the People's Bank of China (PBOC), Li Daokui, has offered a sobering assessment of China's property market, suggesting that it may take up to a year to fully recover.

Former PBOC adviser cautions: China's property recovery may take a year

A former official has raised alarm bells on China's property market, stating that even China's massive population of 1.4 billion wouldn't be enough to fill the vast number of empty apartments scattered across the country.

China: Former official sounds the alarm on China's empty apartments crisis

China's property sector shrank further in November, with falls in prices, sales and investment, partly as COVID-19 restrictions hit demand. Watch this video to know more.

World Business Watch: China property slumps further in November

China is trying to cool its costly and dangerously debt-ridden housing market, where high prices and go-go levels of borrowing and spending are increasingly seen as a national threat.

In China, homebuyers who went all in say they want out

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