China’s property, financial sectors’ growth slower in fourth-quarter despite uptick in services

Growth in China’s real estate and financial sector slowed in the fourth quarter of 2016, despite an uptick in the overall service sector that contributed to better-than-expected GDP growth in the quarter, National Bureau of Statistics (NBS) data showed on

Hot property – containership fires and what is in the box

I have just been reading an account of a fire on board ship, where the crew, after extraordinary efforts,...

Hanjin Shipping sells London property for $57m to raise cash

South Korea’s Hanjin Shipping announced that it has sold its London office for KRW66.7bn ($57.2m) as the...

Comec looks to sell off land and property subsidiary for $551m

CSSC Offshore & Marine Engineering (Group) Company (Comec) has proposed to dispose of its entire stake in GS Shipping for RMB3.53bn ($551.27m). ...

China’s Early Indicators Show a Property Revival in May

Early release surveys, high frequency market prices and big data provide insights on critical aspects of China’s economy ahead of the official numbers. The signs for May are tentatively optimistic, with real estate sales picking up and the factory sector

China to keep property market "stable and healthy": official

Chinese Ministry of Housing and Urban-Rural Development (MOHURD) vowed on Friday to keep the country's real...

Yangzijiang Shipbuilding sells loss-making property companies

Yangzijiang Shipbuilding (Holdings) has sold three loss-making property companies in order to complete the restructuring exercise. ...