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China’s property market could take as long as a year to recover, according to a former central bank adviser, who’s urging Beijing to do more to encourage lending to developers to halt the spread of defaults.
One of the world’s leading home-appliance makers is looking to electric vehicles to help boost its growth, specifically infotainment systems and components that are used in cars.
Chinese developers are counting on the upcoming Golden Week holiday period to spark a long-awaited revival in home sales, in the first key test of whether recent policy support is enough to arrest the slump.
As Canada grapples with a housing shortage, there has been growing interest in the idea of converting underused offices into apartment units.
A Toronto developer is crediting the federal government’s plan to remove GST from new rental buildings for its plan to bring 5,000 new housing units across the country.
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