China’s Special Bond Sale Sees Demand In Line With 2024 Trend
China kicked off issuance of this year’s special sovereign bonds with a 30-year auction that drew demand of 3.9 times the amount on offer.
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China kicked off issuance of this year’s special sovereign bonds with a 30-year auction that drew demand of 3.9 times the amount on offer.
China’s retail sales grew at the slowest pace since 2022 while industrial production accelerated, highlighting the unbalanced recovery of the world’s No. 2 economy.
China’s government plans to hold a meeting with key officials on Friday morning to discuss the property market, including a proposal to clear excess housing inventory, according to people with knowledge of the matter.
Country Garden Holdings Co. has begun a major legal battle, squaring off in a Hong Kong court against a creditor seeking the liquidation of the defaulted Chinese developer.
China’s home prices fell at a faster pace in April, underscoring why the government is stepping up efforts to tackle the years-long property crisis.
Apr 11, 2018
The Canadian Press
VANCOUVER - The city of Vancouver is moving to legalize short-term rental accommodation like Airbnb but operators will only be able to advertise their principal residence.
Vancouver Mayor Gregor Robertson says the move is to protect and free up rental housing in response to a critically low vacancy rate.
There are roughly 6,600 short term rentals posted online, and more than 80 per cent will remain legal under the program.
Operators will be required to apply for a business licence by Sept. 1 and include the number in their listing, which Airbnb has agreed to make as a requirement on its platform.
The cost of the license is $49 annually, and operators must have permission from their landlord or condo board and adhere to fire and safety standards.
There are about 1,000 units currently listed that are not an operator's primary home and Robertson says they should go back on the rental market, or be subject to a $1,000 a day fine.