ChinaPropertyMarket

Struggles Continue for Country Garden as Sales Decline Remains Persistent

2 months ago

Country Garden, one of China's prominent property developers, is facing significant challenges as its sales continue to decline, casting doubts on the company's recovery amidst an ongoing real estate crisis. Despite hopes for a revival, the firm is grappling with a sustained slump in sales, raising concerns among stakeholders about its financial stability and future prospects.

The Plunge of Iron Ore Prices: China's Property Crisis Deepens

5 months ago

In a significant downturn for the commodities market, the price of iron ore has dipped below the critical threshold of $100 per ton, marking a decline that underscores the ever-worsening woes of China's property sector. This decline is primarily fueled by a series of negative developments within key sectors of the Chinese economy, which are causing apprehension among investors and traders alike.