Real Estate

The Chinese real estate industry started in the mid-1980s.

Beijing steel gigantic says annual output to reach 30 mln tonnes

China Real Estate
BEIJING, Sept. 2 -- Shougang Iron and Steel Group expects its annual steel output to reach 30 million tonnes by 2012,two eon behind its Beijing facilities are to be slam down, the assemble s chairman said Wednesday.
Shougang, meaning "Capital Steel", was Beijing s biggest polluter ago it began cutting output [...]

Group purchase of apartments leads to public outcry

China Real Estate
One of the biggest State-owned enterprises has purchased more than 1,000 apartments for its employees in Beijing at prices far below market value, sparking public outcry.
China National Petroleum Corp bought the housing in the Taiyang Xingcheng hamlet on the northeast Third Ring Road in Chaoyang district, according to news site qianlong.com yesterday.
More [...]

Homeowners take to streets for beautiful compensation

China Real Estate
Lin and 24 other homeowners of Lotus Riverside residential complicated in western suburban Minhang region hit the streets again Thursday, demanding government intervention in their compensation talks.
Zhang Jianping, sitting in front of the municipal government structure at downtown People s Square, said the compensation offered by the estate developer, Shanghai Meidu Real Estate [...]

China Vanke plans $1.6b new share offering in flaccid market

China Real Estate
China Vanke, the clear s No. 2 property developer, plans to arise up to $1.6 billion via a new share offering amid a property revival, although the theme is likely to dent a rickety stock market.
A rebound in real property prices has bolstered developers earnings and spurred them to arise funds for [...]

Chinese shares down 2.45 pct at midday

China Real Estate
SHANGHAI, August 28, 2009 - Hakka shares tumbled 2.45 percentage by midday Friday as recent equity fund-raising announcements from big companies raised concerns over a share supply glut, dealers said.
The Shanghai Composite Index, which covers both A and B shares, was down 72.12 points at 2,874.27.
Analysts said recent big fund-raising announcements by China [...]

Group purchase of apartments leads to public outcry

China Real Estate
BEIJING, Aug. 28 -- One of the biggest State-owned enterprises has purchased more than 1,000 apartments for its employees in Beijing at prices far below market value, sparking public outcry.
China National Petroleum Corp bought the housing in the Taiyang Xingcheng hamlet on the northeast Third Ring Road in Chaoyang district, according [...]

China comes to Canary Wharf corporation s rescue

China Real Estate
LONDON

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Drink driving crackdown changes lifestyle, fiscal in China

China Real Estate
By Xinhua author Zhou Zhou
BEIJING, Aug. 29 -- Drink or drive? This is a dilemma for many Hakka in a association soaked in a centuries-old drinking civilization which is now travelling in individual motor cars.
For Liu Kun, a 25-year-old media workman in Beijing, the choice is easy and there is [...]