Thursday, 27 October 2011

Property fund eyes profit in squeeze

Singapore-based fund is ready to take advantage of small firms on mainland facing cash crunch

Sales in Shanghai plunge to new low

The central government’s continued austerity measures targeting the property market are taking a toll on sales in the major cities, with Shanghai seeing average monthly sales of private homes from January to September falling to the lowest level in seven years.

Hard times ahead as cooling efforts kick in

Analysts say only the strongest brands among 200 Hong Kong-listed mainland developers will survive

Wednesday, 26 October 2011

China Largest Real Estate Developer Warns of Price Falls

China’s largest real estate developer believes the country’s property market, a key driver for the economy, has turned and expects conditions to worsen in the coming months as sales prices and volumes decline further.

Positions at foreign firms less attractive

Vincent Chen is ready to change jobs, moving from a world-famous foreign aircraft manufacturer to a State-owned aviation group. And three colleagues are going with him.

China police arresting runaway bosses

Chinese police have begun arresting debt-laden entrepreneurs who have gone into hiding to avoid repaying bank loans and their workers' salaries.

Beijing looks to ancient sages

With compassion seemingly in short supply, the central government hopes a Taoist forum will encourage a more humane outlook in society

Tuesday, 25 October 2011

Chinese steelmakers could shun Vale

Expensive pricing at the Brazilian iron-ore miner may lose it market share in China, as buyers increase purchases from cheaper rivals like BHP

Taking consolation from a life of regret

There are not many like him in Changi Prison. His well-heeled background is discernible from his polite demeanour, controlled mannerisms and immaculate English.

Shanghai owners protest as developers slash prices

Property owners in Shanghai and other big Chinese cities are protesting as measures to cool the once-overheated real estate market prompt developers to slash prices.

Monday, 24 October 2011

Master spy’s secrets revealed

Declassified documents on the activities of KMT General Dai Li bring wartime intrigue out of the shadows, say historians in Taiwan and the mainland