{"id":102500,"date":"2018-12-23T19:04:27","date_gmt":"2018-12-23T12:04:27","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-state-bank-chief-warns-against-buying-property-now-because-theres-no-money-to-be-made\/"},"modified":"2018-12-23T20:06:39","modified_gmt":"2018-12-23T13:06:39","slug":"chinese-state-bank-chief-warns-against-buying-property-now-because-theres-no-money-to-be-made","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-state-bank-chief-warns-against-buying-property-now-because-theres-no-money-to-be-made\/","title":{"rendered":"Chinese state bank chief warns against buying property now \u2018because there\u2019s no money to be made\u2019"},"content":{"rendered":"


\nThe chairman of a leading Chinese state bank on Sunday warned Chinese investors not to buy property now because \u201cthere\u2019s no money to be made\u201d due to high prices and alarming vacancy rates.
\nTian Guoli, the chairman of China Construction Bank, which provides mortgage loans to millions of Chinese households, said that the room for further property price rises was limited and it was unwise to buy at current rates, according to the portal Sina.com.
\n\u201cThere\u2019s no money to…
\n
\nSource : South China Morning Post
\nRead more…Chinese state bank chief warns against buying property now \u2018because there\u2019s no money to be made\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The chairman of a leading Chinese state bank on Sunday warned Chinese investors not to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-102500","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qFe","jetpack-related-posts":[{"id":68232,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soaring-rates-of-shadow-banking-add-to-fears-of-chinese-debt-warns-world-bank\/","url_meta":{"origin":102500,"position":0},"title":"Soaring rates of 'shadow banking' add to fears of Chinese debt, warns World Bank","date":"October 5, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Soaring rates of 'shadow banking' add to fears of Chinese debt, warns World Bank","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140424,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/troubled-chinese-shadow-bank-zhongzhi-warns-it-is-severely-insolvent-after-asset-shortfall-failed-bailouts\/","url_meta":{"origin":102500,"position":1},"title":"Troubled Chinese shadow bank Zhongzhi warns it is \u2018severely insolvent\u2019 after asset shortfall, failed bailouts","date":"November 23, 2023","format":false,"excerpt":"\r Zhongzhi Enterprise Group, one of mainland China\u2019s largest shadow banks, has warned investors of an asset shortfall, setting off alarm bells in the trust sector which invests a large portion of investors\u2019 money in real estate projects.\r \r Source : South China Morning Post\r Read more...Troubled Chinese shadow bank\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48142,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-estates-sells-bank-to-wife-of-former-chairman-joseph-lau\/","url_meta":{"origin":102500,"position":2},"title":"Chinese Estates sells bank to wife of former chairman Joseph Lau","date":"March 15, 2017","format":false,"excerpt":"\r Chinese Estates Holdings Ltd said it\u2019s selling its holdings in a mainland bank to the wife of its former chairman, part of the programme by Hong Kong property magnate Joseph Lau Luen-hung to disburse his fortunes amid deteriorating health. The property company will sell 577.18 million shares of Shengjing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142760,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-investors-struggle-to-hold-on-to-property-abroad-as-soaring-rates-weak-domestic-economy-make-mortgages-unaffordable\/","url_meta":{"origin":102500,"position":3},"title":"Chinese investors struggle to hold on to property abroad as soaring rates, weak domestic economy make mortgages unaffordable","date":"February 25, 2024","format":false,"excerpt":"\r Chinese investors who have borrowed from the bank to buy a house abroad are facing a double-whammy as they contend with an economic slowdown at home and surging interest rates across the globe that are hampering their ability to pay for their purchases, according to analysts.\r \r Source :\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84840,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-families-in-smaller-cities-keen-on-buying-property-despite-rising-prices\/","url_meta":{"origin":102500,"position":4},"title":"Chinese families in smaller cities keen on buying property despite rising prices","date":"April 9, 2018","format":false,"excerpt":"\r The appetite for property investment among urban Chinese households rebounded in March from the lowest level in two years as more families in smaller cities opted to buy homes despite rising prices, according to a survey conducted by market research company Nielsen for Bank of Communications. The bimonthly household\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79007,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gap-widens-among-chinese-households-on-desire-to-buy-property-survey-shows\/","url_meta":{"origin":102500,"position":5},"title":"Gap widens among Chinese households on desire to buy property, survey shows","date":"February 6, 2018","format":false,"excerpt":"\r A widening divergence on property buying tendency is emerging among Chinese households in big and small cities as authorities keep a tight leash on housing speculation, according to a survey conducted by market research company Nielsen for Bank of Communications. 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