{"id":118184,"date":"2020-08-11T21:00:12","date_gmt":"2020-08-11T14:00:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-purchases-of-us-property-slump-amid-covid-19-pandemic-with-rising-political-tension-set-to-damp-sentiment-further\/"},"modified":"2020-08-11T22:05:05","modified_gmt":"2020-08-11T15:05:05","slug":"chinese-purchases-of-us-property-slump-amid-covid-19-pandemic-with-rising-political-tension-set-to-damp-sentiment-further","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-purchases-of-us-property-slump-amid-covid-19-pandemic-with-rising-political-tension-set-to-damp-sentiment-further\/","title":{"rendered":"Chinese purchases of US property slump amid Covid-19 pandemic, with rising political tension set to damp sentiment further"},"content":{"rendered":"<p>&#013;<br \/>\nMainland Chinese buyers\u2019 acquisition of US property plunged by about two-thirds in the first half of the year because of disruption to investment activity caused by the coronavirus pandemic and escalating tension between China and the US, according to Knight Frank.The sales volume of US property valued at not less than US$2.5 million bought with Chinese capital plunged by 68.1 per cent year on year in the first six months to US$314 million, data from the real estate consultancy showed\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3096784\/chinese-purchases-us-property-slump-amid-covid-19-pandemic-rising\" target=\"_blank\">Chinese purchases of US property slump amid Covid-19 pandemic, with rising political tension set to damp sentiment further<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Mainland Chinese buyers\u2019 acquisition of US property plunged by about two-thirds in the first half&#46;&#46;&#46;<\/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-118184","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-uKc","jetpack-related-posts":[{"id":117828,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-firms-seeking-hong-kong-listings-amid-us-hostility-may-help-buoy-flagging-office-rental-market-as-space-the-size-of-lippo-centre-abandoned\/","url_meta":{"origin":118184,"position":0},"title":"Chinese firms seeking Hong Kong listings amid US hostility may help buoy flagging office rental market as space the size of Lippo Centre abandoned","date":"July 16, 2020","format":false,"excerpt":"\r Companies are giving up their office space in Hong Kong at an almost unprecedented rate as the economy tanks in the wake of Covid-19, which piled further misery on top of the city\u2019s year-long political crisis.But observers say there is a glimmer of hope for the world\u2019s most expensive\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120644,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-australia-relations-tech-firms-snub-australian-office-market-amid-beijings-spat-with-canberra-over-trade-covid-19-handling\/","url_meta":{"origin":118184,"position":1},"title":"China-Australia relations: tech firms snub Australian office market amid Beijing\u2019s spat with Canberra over trade, Covid-19 handling","date":"June 8, 2021","format":false,"excerpt":"\r Australia\u2019s office property market has taken a battering from the Covid-19 pandemic, with vacancy rates in cities like Sydney soaring as companies cut back their overheads and more people work from home.In that respect, it is no different from most developed countries. However, Australia might not be faring so\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124517,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-shun-chinese-developers-as-bond-sales-slump-70-per-cent-with-market-frozen-for-many-junk-rated-borrowers-amid-defaults\/","url_meta":{"origin":118184,"position":2},"title":"Investors shun Chinese developers as bond sales slump 70 per cent with market frozen for many junk-rated borrowers amid defaults","date":"February 9, 2022","format":false,"excerpt":"\r Investors seem to have lost their appetite for bonds issued by Chinese developers while rising defaults by an increasing number of cash-strapped companies have pushed the cost of funding for the sector to more than a decade high.Chinese real estate companies issued 48.1 billion yuan (US$7.6 billion) worth of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119291,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-number-of-homebuyers-walk-away-from-hong-kong-property-purchases-amid-rising-jobless-rate-pay-cuts-due-to-covid-19\/","url_meta":{"origin":118184,"position":3},"title":"Record number of homebuyers walk away from Hong Kong property purchases amid rising jobless rate, pay cuts due to Covid-19","date":"November 20, 2020","format":false,"excerpt":"\r The number of homebuyers reneging on flat purchases this year has reached an all-time high as the Covid-19 pandemic casts a shadow on the city\u2019s economy, pushing the unemployment rate up and forcing many companies to implement pay cuts as they struggle to stay in business.They have walked away\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1943,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-keen-on-home-purchases-survey-shows\/","url_meta":{"origin":118184,"position":4},"title":"Chinese keen on home purchases, survey shows","date":"January 19, 2016","format":false,"excerpt":"\r To gauge Chinese people\u2019s demand for domestic and overseas housing, the South China Morning Post and Century 21 China Real Estate have partnered on a quarterly sentiment survey.\r \r Source : South China Morning Post\r Read more...Chinese keen on home purchases, survey shows","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102570,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/to-ease-controls-or-not-chinese-cities-see-saw-on-policy-amid-property-market-slump\/","url_meta":{"origin":118184,"position":5},"title":"To ease controls or not? Chinese cities see-saw on policy amid property market slump","date":"December 28, 2018","format":false,"excerpt":"\r A small city in central China has become the first city to flip-flop on its property price control policy in a day, underlining local governments\u2019 growing dilemma of the need to prop up sluggish property markets, major economic growth drivers, without incurring the wrath of a central government determined\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118184"}],"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=118184"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118184\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}