Aug
15
It’s a Lovely Trade War for China’s Property Firms
ByThe government is nudging open the door for developers’ funding to counter a slowdown.
The trade dispute with the U.S. hangs like an ax over China’s economy, but for the country’s real estate developers, it’s a boon. Onshore funding is opening up and the government is once again smiling on higher prices.
Property investors should be doubly relieved: Beijing’s measures to rein in financial risk and cut developers’ access to debt have so far failed to tamp down price gains, even as they took a toll on stock prices…
