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  • November 26, 2014
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  1. China Life to acquire 60pc of pension manager

    Posted Jul 19th 2007, 12:00am by Tom Miller

    ... of the company's intent to open up new business channels and diversify from traditional property and life insurance policies. 'For China Life 3.6 billion yuan is a pretty small sum. It continues ... and medium-sized insurers to trade A shares, the China Business News further reported. Bohai Property Insurance and the China Huanong Property & Casualty Insurance are to be added to the list. ...

  2. China weighs reverse mortgages

    Posted Dec 08th 2003, 12:00am by Elaine Chan

    ... statistics. Also, China's economic transformation in the past two decades has crimped state firms' earnings and turned millions of state workers jobless nationwide. In China, all property ... Elaine Chan Elderly citizens could soon receive increased incomes under the scheme China is studying plans to introduce reverse mortgages to help elderly citizens increase their incomes ...

  3. Capital moves to boost low-cost housing supply

    Posted Dec 05th 2007, 12:00am by Staff Reporter

    ... will ensure better utilisation of public housing and also that those in need can get the resources,' said Lai Kwok-keung, director and general manager of Centaline (China) Property Consultant. ... prices in the future. Purchasers will now have 'limited property rights' and the apartments can only change hands five years after their original purchase. Even after the five-year ...

  4. Mainland poor left out in the cold despite housing promises

    Posted Aug 01st 2005, 12:00am by Mark O'Neill

    ... who do not, a gap that is growing as property prices rise every year. 'The government at that time failed to understand the classes in society,' said Yang Shen, former vice-minister of construction and chairman of the China Property Industry Association. 'It set the income conditions too broadly, with the result that many middle- and upper-income people were able to buy them. ...

  5. Cost, not supply, is the problem

    Posted May 01st 2006, 12:00am by Staff Reporter

    ... China's property market has an oversupply problem. New flats sit empty in every major city across the country, and the glut is getting worse rapidly. Finding flat-hungry buyers is not a problem. But price is. In the rush to knock down and redevelop, China's developers have priced the great majority of the population out of the housing equation. Most people simply cannot ...

  6. More cash for low-income housing

    Posted Feb 08th 2012, 12:00am

    ... one of China's largest property research organisations, said that since the building of affordable housing was such a priority with Beijing, local governments would have to find ways ... It also said that affordable housing should be given priority in the use of proceeds from local government bonds. Revenue from property taxes, where applicable, should be injected into building ...

  7. Olympian task

    Posted Aug 30th 2008, 12:00am by James Dorn

    ... co-operation and engagement' as the appropriate response to China's rise. The win-win nature of free trade, and its reliance on a system of private property and the rule of law, is in stark ... private property rights. China's current 'socialist market economy' favours a balance of power over freedom. Yet, it has been the opening to the outside world, the widening ...

  8. NPC delays passage of property legislation

    Posted Jul 02nd 2005, 12:00am by Shi Jiangtao

    ... ownership remained a key feature of China's economic system, he said. 'Although there are different opinions, it is not possible that this important legislation on property rights does ... Shi Jiangtao in Beijing Disagreement over compensation for state requisitions is a major reason A long-awaited law on property rights has been delayed until at least March after ...

  9. Decrees of separation

    Posted Oct 17th 2011, 12:00am

    ... But buying property in China isn't a clear-cut enterprise. One reason is the soaring cost of property. Most young couples can't afford to buy a flat of their own. Typically, ... the All-China Women's Federation- are headed by men. Property is typically registered in the man's name alone. But often women, and their families, contribute to the purchase ...

  10. Property giants may be let off hook over underpaid workers

    Posted Feb 12th 2007, 12:00am by Anita Lam

    ... an informal poll by the South China Morning Post last week found only three of the 19 leading property management agents were taking part in the movement. The 19 agents are members of the Hong Kong ... Anita Lam Property developers may be able to gain accreditation under the voluntary 'wage protection movement' even if workers managed by their subsidiaries are paid less than ...




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