Lusha Zhang

Growth in China home prices to sustain momentum in 2021

Jun 01 2021

BEIJING (Reuters) -China's home prices are expected to grow faster this year than anticipated a few months earlier fuelled by hot demand in major cities and easy liquidity, despite Beijing's heightened cooling measures, a Reuters poll showed.

POLL-Growth in China home prices to sustain momentum in 2021

May 31 2021

* Home prices forecast to grow 5% in 2021, higher than Feb poll

China looks to ocean for cheaper way of cooling power-hungry data centres

May 25 2021

BEIJING China is looking to the sea to help cut the cost of cooling data centres housing powerful computers and servers, and also to reduce consumption of traditional energy sources in a sector known for its high electricity needs.

Chinese ultramarathon survivor rescued by herdsman, sheltered in cave

May 24 2021

BEIJING Long-distance runner Zhang Xiaotao was in the leading pack of the ultramarathon race in China in which 21 people died from hypothermia after being drenched by freezing rain and buffeted by gale-force winds on a mountain trail.

Cold weather in China kills 21 in ultramarathon, sparks outrage

May 23 2021

BEIJING (Reuters) -Twenty-one people were killed when extremely cold weather struck during an ultramarathon in rugged Gansu province in northwestern China, sparking public outrage on Sunday over the lack of contingency planning. | Video

China regulators hold meeting discussing property tax

May 11 2021

BEIJING China's regulators on Tuesday held a meeting on the reform and trial work of property tax, which is widely seen as a powerful tool to curb rampant speculation in the housing market.

Surge in illegal bank loan-funded China property buys worries regulators

Apr 16 2021

BEIJING Property purchases in China funded through bank loans fraudulently obtained by speculators are fuelling already red-hot real estate markets in its biggest cities and beginning to alarm regulators.

Analysis: In China's small cities, home buyers suffer as debt-ridden developers fail to finish projects

Apr 01 2021

ZHUOZHOU, China In Zhuozhou, a small city in China's north, Zhu has stopped making mortgage payments on her apartment after its developer did not build a promised rail line that would have allowed residents to commute to Beijing for work.

UPDATE 3-China January bank loans surge to record, credit growth slows

Feb 09 2021

* Jan TSF 5.17 trln yuan, vs forecast 4.45 trln yuan (Adds analyst comment, bad loan figures)

Growth in China's home prices to cool in 2021, sales flat: Reuters poll

Feb 01 2021

BEIJING China's home prices are expected to rise at a slower pace this year while sales will likely remain steady, as Beijing shifts its focus to tackling rising debt risks in the sector as the economy recovers, a Reuters poll showed.

World News

'Pingdemic' puts Britain's food supply under strain

LONDON (Reuters) -British supermarkets said on Thursday that some products were in short supply and petrol stations had been forced to close after the official health app told hundreds of thousands of workers to isolate following contact with someone with COVID-19.