After three decades in the real estate sector, Eric Wo from Savills has plenty of advice to offer British companies looking to succeed in the Chinese market. Tom Pattinson sat down with him to find out more about his business experience When I sit down to speak with Eric Wo, Managing Director of Savills North China, he is dapper in a crisp white shirt and dark suit despite the heat …
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In recent weeks, a string of business developments in China have stoked fears that contagion could lead to a chain of defaults and perhaps even stoke a marked growth slowdown in China with global repercussions On Thursday, 10 August, Country Garden, one of the few major developers in China to avoid bankruptcy in recent years, issued a profit warning. The next day, its shares fell to record lows, affecting the …
What is happening in China’s real estate sector? It used to be a key driver of the economy, but the tide has turned and now it’s starting to drag. Failure to regulate the sector in boom has left the country with limited options in bust, and as a result, UK companies are beginning to be impacted because Chinese partners are defaulting on their payments due to cash flow issues, writes …
A rise in the Chinese student population benefits UK property market, writes Rosemary Playfair Investors from China are cashing in on the opportunities provided by a drop in the value of the British pound and increasing yields and rents in the UK buy-to-let market, particularly with student flats. The Chinese student population in the UK has grown by 34 percent in the last five years and China now sends …