{"id":57958,"date":"2017-06-15T12:59:24","date_gmt":"2017-06-15T05:59:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-shrugging-off-fed-action-as-yuan-depreciation-pressure-eases\/"},"modified":"2017-06-15T13:09:42","modified_gmt":"2017-06-15T06:09:42","slug":"china-shrugging-off-fed-action-as-yuan-depreciation-pressure-eases","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-shrugging-off-fed-action-as-yuan-depreciation-pressure-eases\/","title":{"rendered":"China shrugging off Fed action as yuan depreciation pressure eases"},"content":{"rendered":"<p>&#013;<br \/>\nChina\u2019s monetary authority has shrugged off the US Federal Reserve\u2019s fourth interest rate increase in two and a half years this week, as the Chinese macroeconomic reality demands a different tool kit and a radically different approach to its previous policies, economists said.<br \/>\nThe Fed\u2019s two interest rate increases in December 2015 and December 2016 led to massive outflows of funds from China\u2019s shores and a 7 per cent depreciation in the renminbi, that was only stabilised&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/news\/china\/article\/2098444\/china-shrugging-fed-action-yuan-depreciation-pressure-eases\" target=\"_blank\">China shrugging off Fed action as yuan depreciation pressure eases<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China\u2019s monetary authority has shrugged off the US Federal Reserve\u2019s fourth interest rate increase in&#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-57958","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-f4O","jetpack-related-posts":[{"id":111231,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/strong-sales-mean-yuan-depreciation-is-not-a-problem-for-chinese-developers-with-foreign-debts-moodys-says\/","url_meta":{"origin":57958,"position":0},"title":"Strong sales mean yuan depreciation is not a problem for Chinese developers with foreign debts, Moody\u2019s says","date":"October 1, 2019","format":false,"excerpt":"\r Most Chinese property developers could withstand anything up to a 10 per cent depreciation in the yuan, because resilient sales will offset the cost of foreign debts, according to Moody\u2019s Investors Service.While home sales improved in the past two months in mainland China, not many developers were issuing bonds\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122553,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-harbin-in-northeastern-china-readies-subsidies-eases-presale-restrictions-as-housing-market-scrambles-for-stability\/","url_meta":{"origin":57958,"position":1},"title":"Evergrande crisis: Harbin in northeastern China readies subsidies, eases presale restrictions as housing market scrambles for stability","date":"October 13, 2021","format":false,"excerpt":"\r Harbin, in China\u2019s northeastern Heilongjiang province, is providing subsidies of up to 100,000 yuan (US$15,497) for homebuyers under 35.The city, a provincial capital, said it would also encourage developers with good credit profiles to re-embark on presale activity sooner than allowed earlier. Such companies can now apply for presale\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22484,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-buyers-splash-out-hk50b-on-assets-and-land-in-hong-kong-as-yuan-devaluation-fears-continue\/","url_meta":{"origin":57958,"position":2},"title":"Mainland buyers splash out HK$50b+ on assets and land in Hong Kong as yuan devaluation fears continue","date":"August 10, 2016","format":false,"excerpt":"\r Mainland companies and developers have splashed out more than HK$50 billion on major office buildings and residential land in Hong Kong, partly driven by a fear of further depreciation in the yuan, according to the latest estimates.\r \r Source : South China Morning Post\r Read more...Mainland buyers splash out\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95483,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-developers-squeezed-by-weaker-yuan-rising-cost-of-overseas-debt\/","url_meta":{"origin":57958,"position":3},"title":"Chinese property developers squeezed by weaker yuan, rising cost of overseas debt","date":"August 6, 2018","format":false,"excerpt":"\r Many Chinese developers turned to foreign markets to raise working capital earlier this year when regulators introduced a slew of measures to limit borrowing at home. Now, the sharp depreciation of the yuan is threatening to derail that funding lifeline by making it far more costly to service debt\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26977,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-chinese-tourists-sneaking-billions-into-offshore-real-estate\/","url_meta":{"origin":57958,"position":4},"title":"Are Chinese tourists sneaking billions into offshore real estate?","date":"September 23, 2016","format":false,"excerpt":"\r High-flying travellers may be packing more than sunscreen and selfie sticks in their designer luggage Imagine some wodges of cartoon cash in these suitcases. bus109\/Shutterstock China\u2019s tourism deficit, the difference between foreign visitor expenditure in China and Chinese visitor expenditure abroad, has reached a not-to-be-scoffed-at USD206 billion in the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104263,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-new-home-prices-approach-stall-speed-as-rate-of-appreciation-eases-to-slowest-in-nine-months\/","url_meta":{"origin":57958,"position":5},"title":"China\u2019s new home prices approach stall speed, as rate of appreciation eases to slowest in nine months","date":"February 22, 2019","format":false,"excerpt":"\r China\u2019s new home prices rose in January at the slowest pace in nine months, as downbeat sentiment and property curbs weighed on the market.Prices of new homes rose by 0.61 per cent in January on month across 70 cities monitored by the government, according to calculations by Bloomberg of\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\/57958"}],"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=57958"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/57958\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=57958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=57958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=57958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}