Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: Israeli occupation forces bombing the Gaza Strip
Al Mayadeen's correspondent: Ceasefire in Gaza takes effect
The Kremlin: Negotiations toward a settlement in Ukraine are currently at a complete standstill
Abu Mujahid: The steadfastness of the Palestinian people and the Resistance thwarted the displacement plan and allowed us to secure the best possible terms in an agreement to halt the genocidal war
Abu Mujahid: We salute whosoever made sacrifices in support of the Palestinian people, foremost among them the martyred Sayyed Nasrallah and Sayyed Safieddine, as well as the people of Yemen and Iran
Abu Mujahid, head of the media office of the Popular Resistance Committees, to Al Mayadeen: The people of Gaza have sacrificed and given their most precious offerings for the Al-Aqsa Flood
Al Mayadeen's correspondent in Gaza: Israeli artillery shelling targeted Khan Younis and the al-Bureij and al-Maghazi refugee camps
Captives may be released as early as Saturday and by Monday at the latest: Source briefed on the details of the agreement.
Netanyahu set to convene security cabinet at 1500 (1200GMT) and government at 1600 (1300GMT) to approve the deal: Source briefed on the details of the agreement
Within the first 24 hours, the Israeli military will complete the first phase of partial withdrawal: Source briefed on the details of the agreement

China's property market struggles, regulatory measures introduced

  • By Al Mayadeen English
  • Source: Agencies
  • 16 Nov 2022 11:07
  • 1 Shares
2 Min Read

Beijing's National Bureau of Statistics (NBS) states that Chinese home prices shrank by 1.6% in their sharpest decline since August as demand on houses falls back and property developers encounter cash issues.

  • x
  • asad
     Guangxi, China, on Aug. 15, 2022, a real estate complex developed by state-owned conglomerate Poly Group.

As the real estate market in China is battling a severe debt crisis, and amid a slowing economy overall, new data has revealed that prices of new homes in the country witnessed their steepest downfall in October in nearly 7 years.

According to Beijing's National Bureau of Statistics (NBS), prices shrank by 1.6% during the same period last year, marking their sharpest decrease since August 2015.

The Bureau noted that property prices saw a decline in 58 cities, impacting the average selling price in 70 Chinese cities.

Related News

Honduras makes official request to join BRICS-led NDB

Tesla's Musk praises China's 'vitality' on Beijing visit

Read more: China pumps $188 billion into its economy

The NBS however highlighted that prices in Beijing and Shanghai did not fall back despite the heavy pressure, which can be mostly attributed to measures taken earlier last week by China's Banking Regulatory Commission to save the real estate sector.

The Covid pandemic created market uncertainties in China, which in its turn affected the demand for new homes that resulted in mega-real estate and construction companies struggling due to financial setbacks, a sector that claims a quarter of China's GDP.

The introduced measures include offering credit to housing developers burdened with debt, financial payments to ensure project completion in addition to granting loans to home buys with different installments.

  • Shanghai
  • Beijing
  • China
  • Property and real estate

Most Read

Tucker Carlson speaks at a memorial for Charlie Kirk, Sunday, September 21, 2025, at State Farm Stadium in Glendale, Arizona (AP)

Tucker Carlson: Israeli officers gave orders on Iran inside Pentagon

  • Politics
  • 2 Oct 2025
A Hamas fighter in combat fatigues stands before the ceremony for the handover of Israeli captives to the Red Cross in Nuseirat, central Gaza Strip, Saturday, February 22, 2025 (AP)

Hamas responds to Trump plan, backs Gaza withdrawal, exchange

  • Politics
  • 3 Oct 2025
Mossad’s secret role in Aldo Moro’s 1978 murder revealed

Mossad’s secret role in Aldo Moro’s 1978 murder exposed

  • Politics
  • 5 Oct 2025
The Palestinian resistance and the people of Gaza showed that after combating Israeli aggression for two years, they remain victorious in the face of oppression (Mahdi Rteil/Al Mayadeen English)

Al-Aqsa Flood two years on, a tale of victory

  • Politics
  • 6 Oct 2025

Coverage

All
In Five

Read Next

All
ap
Politics

Mistrust paralyzes Washington as shutdown drags on for 9th day

Senate rejects bid to curb Trump’s military power in Caribbean
Politics

Senate rejects bid to curb Trump’s military power in Caribbean

ap
Politics

UN to slash peacekeeping operations as US funding cuts take effect

Spanish Prime Minister Pedro Sánchez, right, applauds after delivering a speech at the Spanish parliament in Madrid, Wednesday, July 9, 2025. (AP Photo/Bernat Armangue)
Politics

Spain passes decree formalizing full arms embargo on 'Israel'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS