China’s multi-year property crisis is set to drag on in 2026 and further weigh on banks’ asset quality, even after the ...

If not another flat was built and sales continued at their current pace, it would take eight years to sell all the homes lying dormant around Luoyang, a city of 7m in central China. The region is a ...

BEIJING - China's Ministry of Housing and Urban-Rural Development on Thursday urged local governments to purchase completed ...

China pledged to give city governments more say in how they buy unsold homes, as part of efforts to stem the unprecedented property decline. The central government will allow local officials more ...

(Bloomberg) -- China is preparing to mobilize companies owned by the central government in Beijing to purchase unsold homes from distressed property developers, following the limited success of a ...

As China's birthrate plummets, empty kindergartens are finding new life as nursing homes. These transitions come as the world's second-most populous country grapples with its lowest birthrates in ...

Nearly three decades ago, Starbucks opened its first outlet in China with much fanfare. But its American owners are now ...

The devastating property crisis that broke out in China after the collapse of giants like Evergrande is far from being resolved, experts say, as new home prices in the country continue falling and new ...

Recently, a Hualong reactor at the Zhangzhou nuclear power plant in Fujian province was connected to the grid and was successfully operated for 168 hours. For context, Hualong One is an advanced, ...