Schlagwort

Immobilienkrise

HUAIAN, CHINA - DECEMBER 06: Aerial view of Evergrande Metropolis or Evergrande Mingdu housing complex on December 6, 2021 in Huaian, Jiangsu Province of China. PUBLICATIONxINxGERxSUIxAUTxHUNxONLY Copyright: xVCGx CFP111360592090

Evergrande fined for securities fraud

China's stock market regulator imposes penalties on a core company of the bankrupt real estate giant Evergrande and some of its executives. Profits were inflated for years.

Von Carolyn Braun

HUAIAN, CHINA - DECEMBER 06: Aerial view of Evergrande Metropolis or Evergrande Mingdu housing complex on December 6, 2021 in Huaian, Jiangsu Province of China. PUBLICATIONxINxGERxSUIxAUTxHUNxONLY Copyright: xVCGx CFP111360592090

Central bank cuts mortgage rates significantly

China cuts the five-year mortgage reference rate by 25 basis points. With this record move, the central bank hopes to boost the ailing property sector and thus the economy as a whole. However, it remains questionable whether this will work.

Von Christiane Kuehl