{"id":122676,"date":"2021-10-19T21:15:12","date_gmt":"2021-10-19T14:15:12","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-and-construction-sectors-contract-in-third-quarter-as-evergrande-crisis-and-tougher-regulation-hit-home\/"},"modified":"2021-10-19T22:08:33","modified_gmt":"2021-10-19T15:08:33","slug":"chinas-property-and-construction-sectors-contract-in-third-quarter-as-evergrande-crisis-and-tougher-regulation-hit-home","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-and-construction-sectors-contract-in-third-quarter-as-evergrande-crisis-and-tougher-regulation-hit-home\/","title":{"rendered":"China\u2019s property and construction sectors contract in third quarter as Evergrande crisis and tougher regulation hit home"},"content":{"rendered":"


\nChina\u2019s property and construction sectors contracted in the third quarter for the first time since the start of the pandemic, hurt by a slump in real estate as the Evergrande debt crisis and the effects of Beijing\u2019s tougher property market regulation spread to other parts of the economy.Output in the real estate and construction industries shrank 1.6 per cent and 1.8 per cent respectively in the third quarter of 2021, according to a supplemental report on China\u2019s gross domestic product released\u2026
\n
\nSource : South China Morning Post
\nRead more…China\u2019s property and construction sectors contract in third quarter as Evergrande crisis and tougher regulation hit home<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China\u2019s property and construction sectors contracted in the third quarter for the first time since...<\/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-122676","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-vUE","jetpack-related-posts":[{"id":122480,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-default-alarms-put-thousands-of-suppliers-jobs-and-economy-at-risk-as-developers-ious-balloon\/","url_meta":{"origin":122676,"position":0},"title":"Evergrande: default alarms put thousands of suppliers, jobs and economy at risk as developer\u2019s IOUs balloon","date":"October 9, 2021","format":false,"excerpt":"\r The third of a three-part series on China Evergrande Group takes a deep dive into how the property developer\u2019s debt crisis is affecting thousands of suppliers across the construction, furnishings and real estate services sectors and how the fallout of an Evergrande collapse could affect China\u2019s economy.In October 2019,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-slashes-prices-of-all-new-flats-by-a-quarter-as-coronavirus-leaves-developers-struggling-with-plunging-house-sales\/","url_meta":{"origin":122676,"position":1},"title":"China Evergrande slashes prices of all new flats by a quarter as coronavirus leaves developers struggling with plunging house sales","date":"February 17, 2020","format":false,"excerpt":"\r One of China\u2019s largest developers will slash the prices of all its new flats by a quarter in what it says is the biggest ever nationwide price cut, as the coronavirus outbreak threatens to derail China\u2019s all-important housing market.China Evergrande, the country\u2019s third biggest builder by value, said it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133091,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-crisis-crimps-home-sales-to-7-per-cent-of-annual-takings-while-creditors-await-repayment\/","url_meta":{"origin":122676,"position":2},"title":"China Evergrande: crisis crimps home sales to 7 per cent of annual takings while creditors await repayment","date":"December 21, 2022","format":false,"excerpt":"\r The slump in home sales showcases the extent of the cash crisis at China\u2019s once-biggest home builder. There is no good news for offshore creditors as a long-awaited restructuring plan remains elusive.\r \r Source : South China Morning Post\r Read more...China Evergrande: crisis crimps home sales to 7 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122617,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-chinas-evergrande-crisis-means-for-its-real-estate-market-and-the-world\/","url_meta":{"origin":122676,"position":3},"title":"What China\u2019s Evergrande crisis means for its real estate market and the world","date":"October 16, 2021","format":false,"excerpt":"\r Sunny Peninsula, a seaside development in Guangzhou, Guangdong province, southern China, was supposed to house 5,000 families in dozens of towers spread across an area the size of 30 football pitches. Many of the buyers were white-collar workers benefiting from the fastest urbanisation in human history.But the project now\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-hong-kong-banks-report-third-quarter-results-as-concerns-swirl-over-worlds-most-indebted-developer\/","url_meta":{"origin":122676,"position":4},"title":"Evergrande: Hong Kong banks report third-quarter results as concerns swirl over world\u2019s most indebted developer","date":"October 25, 2021","format":false,"excerpt":"\r Investors will be looking for any warning signs in the mainland lending portfolios of Hong Kong\u2019s banks as they prepare to report their third-quarter results against the backdrop of rising concerns about China Evergrande Group\u2019s debt crisis and its potential effects on China\u2019s property sector.HSBC will be the first\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121921,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-liquidity-crisis-why-the-property-developer-faces-mounting-default-risk\/","url_meta":{"origin":122676,"position":5},"title":"Evergrande liquidity crisis: why the property developer faces mounting default risk","date":"September 9, 2021","format":false,"excerpt":"\r Investors and rating agencies fear China\u2019s most indebted real estate company will not meet obligations\r \r Source : ft.com\r Read more...Evergrande liquidity crisis: why the property developer faces mounting default risk","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\/122676"}],"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=122676"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122676\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}