{"id":114351,"date":"2020-02-18T09:00:10","date_gmt":"2020-02-18T02:00:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-local-governments-offer-lifeline-for-builders-facing-a-squeeze-in-home-sales-as-coronavirus-spreads\/"},"modified":"2020-02-18T09:18:50","modified_gmt":"2020-02-18T02:18:50","slug":"chinas-local-governments-offer-lifeline-for-builders-facing-a-squeeze-in-home-sales-as-coronavirus-spreads","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-local-governments-offer-lifeline-for-builders-facing-a-squeeze-in-home-sales-as-coronavirus-spreads\/","title":{"rendered":"China\u2019s local governments offer lifeline for builders facing a squeeze in home sales as coronavirus spreads"},"content":{"rendered":"


\nChina\u2019s local governments are racing to rescue home builders as the coronavirus outbreak threatens to squeeze sales and liquidity in an industry that has become a powerful engine of growth for the economy.The authorities in Wuxi in the eastern province of Jiangsu unveiled 17 measures on February 12 to help its developers cope with sliding slump. Hengyang, the second largest city in south-central Hunan province, followed two days with some tax waiver for homebuyers to help rejuvenate sales.Since\u2026
\n
\nSource : South China Morning Post
\nRead more…China\u2019s local governments offer lifeline for builders facing a squeeze in home sales as coronavirus spreads<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China\u2019s local governments are racing to rescue home builders as the coronavirus outbreak threatens 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-114351","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-tKn","jetpack-related-posts":[{"id":115278,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-housing-market-springs-back-to-life-as-sales-in-30-major-cities-triple-with-coronavirus-crisis-abating\/","url_meta":{"origin":114351,"position":0},"title":"China\u2019s housing market springs back to life as sales in 30 major cities triple with coronavirus crisis abating","date":"March 31, 2020","format":false,"excerpt":"\r China\u2019s private housing market is springing back to life as more sales offices reopened across the country following a nationwide shutdown, saving home builders from a deeper financial slump this year.Transactions in at least eight large cities \u2013 Shenzhen, Chengdu, Fuzhou, Hangzhou, Huaian, Yangzhou, Jiaxing, Shantou \u2013 indicated buyers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-at-chinas-top-100-developers-slow-down-in-the-first-half-as-property-curbs-bite\/","url_meta":{"origin":114351,"position":1},"title":"Sales at China\u2019s top 100 developers slow down in the first half as property curbs bite","date":"July 1, 2019","format":false,"excerpt":"\r Sales at China\u2019s top 100 developers slowed significantly in the first half, and the outlook for the second half remains weak amid a tightening of home buying restrictions and a funding squeeze on builders in place since May, a report from property consultancy CRIC showed on Monday.Excluding revenue from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116677,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-stymies-experiments-aimed-at-whipping-up-housing-market-frenzy-in-many-cities-facing-budget-squeeze\/","url_meta":{"origin":114351,"position":2},"title":"China stymies \u2018experiments\u2019 aimed at whipping up housing market frenzy in many cities facing budget squeeze","date":"May 27, 2020","format":false,"excerpt":"\r Homebuyers in China are facing more policy flip-flops, as Beijing frowns on attempts by local governments in at least a dozen cities to whip up a property market frenzy, bolster land sales and jump-start growth.Wuwei, a city of about 1 million people in the eastern Anhui province, issued new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47009,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-city-land-sales-surge-73-per-cent-despite-cooling-measures\/","url_meta":{"origin":114351,"position":3},"title":"China\u2019s city land sales surge 73 per cent despite cooling measures","date":"March 7, 2017","format":false,"excerpt":"\r China\u2019s land sales in 50 major cities surged 73 per cent in the first two months of 2017 despite a raft of measures rolled out in a bid to cool the red-hot property market. Fifty city governments received a total of 452.8 billion yuan (US$65.6 billion) from land auctions\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122391,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reits-seen-as-a-viable-funding-source-for-chinas-rental-home-builders-with-us77-6-billion-required-in-short-term\/","url_meta":{"origin":114351,"position":4},"title":"Reits seen as a viable funding source for China\u2019s rental home builders, with US$77.6 billion required in short-term","date":"October 6, 2021","format":false,"excerpt":"\r China is likely to soon give the go ahead to the first batch of real estate investment trusts (Reits) backed by rental homes, as local governments ramp up efforts to lower the cost of living for young professionals and tame soaring property prices.The asset-backed securities, offering developers a new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91019,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-developers-are-coping-with-chinas-credit-squeeze\/","url_meta":{"origin":114351,"position":5},"title":"How developers are coping with China\u2019s credit squeeze","date":"June 9, 2018","format":false,"excerpt":"\r Analysts say different developers are being affected to a different extent by China\u2019s tightening cash squeeze \u2013 but in most cases, a company\u2019s size and its financial performance are seen as the crucial criteria behind who\u2019s under most pressure. Developers with efficient sales execution and strong cash-flow are seen\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114351"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=114351"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114351\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=114351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=114351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=114351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}