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China Dec New Home Prices Slow Private Survey Shows

2021-01-08T01:49:48Z

MargueriteWeedon:

BEIJING, Jan 1 (Reuters) - Prices of new homes in China rose at a slower pace in December, with tightening policies continuing to cool the market, a private survey showed on Friday, but price growth in 2020 still topped the previous year's pace despite the coronavirus pandemic. New home prices in 100 cities rose 0.25% in December from a month earlier versus a 0.32% gain in November, moderating for the second straight month, according to data from China Index Academy (CIA), one of the country's largest independent real estate research firms. More cities reported monthly gains, however, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html kynghidongduong.vn] with the number climbing to 79 from 71 in November, and 19 cities saw lower home prices compared with 28 in the preceding month, the CIA data showed. Dongguan and Guangzhou, two cities in the [http://www.covnews.com/archives/search/?searchthis=southern southern] Greater Bay Area, led the price rises. While central and northern cities like Luoyang and Zhangjiakou saw the biggest monthly price drops. "With the government's market-cooling steps taking hold, the overall price gains remained on a mild level," said Cao Jingjing, Research Director with CIA. "The cooling growth is also weighed by deepening price drops in some smaller cities which saw a withered local economy and continued population outflow." On an annual basis, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html tour quảng châu] new home prices rose 3.46% in December, versus November's 3.63% gain. For the whole year of 2020, new home prices rose 3.46%, slightly more than 3.34% seen in 2019, the CIA data showed. China's property market has recovered quickly from the COVID-19 pandemic early last year, thanks to cheaper credit and looser purchase restrictions. But with the [http://edublogs.org/?s=economy economy] nearly fully recovered to pre-coronavirus levels, policymakers have been turning their attention back to containing financial risks in the highly leveraged sector, ramping up scrutiny of financing activities of developers and buyers. Land sales by volume rose 7% in 2020 from 2019, while the average transaction price per square metre rose 7% last year,buoyed by double-digit growth of land prices in tier-1 cities, separate CIA data showed. (Reporting by Lusha Zhang and Ryan Woo; Editing by Kim Coghill)

Biden Picks Capitol Hill Staffer Tai As U.S. Trade apos;czar apos; -sources

2021-01-07T22:10:46Z

MargueriteWeedon:

By Trevor Hunnicutt and Andrea Shalal NEW YORK/WASHINGTON, Dec 9 (Reuters) - President-elect Joe Biden has selected Katherine Tai, the chief trade lawyer for the House Ways and Means Committee, to serve as U.S. trade representative, four sources familiar with the decision said on Wednesday. Tai, 45, who won the backing of congressional Democrats, labor and business circles in recent weeks, played a key role in [https://www.flickr.com/search/?q=negotiating%20stronger negotiating stronger] labor provisions with the Trump administration in the new U.S.-Mexico-Canada (USMCA) trade deal. If confirmed as Biden's "trade czar," Tai will play a pivotal role in helping to rebuild ties with key allies, re-energize manufacturing at home and punish Beijing for anti-competitive trade practices. She would be the first woman of color to hold the job. Her name surfaced as the leading contender for the job earlier this month, as reported by Reuters. Biden is expected to formally announce Tai as his top trade negotiator later this week, said one of the sources. A spokesman for the Biden transition declined to comment on the news, which was first reported by Politico. A Yale and Harvard-educated Chinese American who speaks Mandarin and taught university English for [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html tour quảng châu] two years in Guangzhou, Tai headed China trade enforcement at the U.S. Trade Representative's office (USTR) from 2011 to 2014. In that role, Tai was the main attorney litigating trade violation cases against China before the World Trade Organization, experience that will guide her as she works to hammer out the next phase of a trade agreement with Beijing. In August, Tai called for a different approach to China from the 2-1/2-year tariff war waged by current trade czar Robert Lighthizer, arguing that the United States needed a better offense than tariffs, which, she said, were largely defensive in nature. News of her selection was welcomed by Democrats in the House of Representatives and Senate. Senator Ron Wyden, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html kynghidongduong.vn] top Democrat on the Senate Finance Committee, called Tai "an inspired choice" and urged the Republican-controlled Senate to process her nomination as quickly as possible. "Ms. Tai has the experience she needs to succeed as USTR, and her record of getting wins for American workers demonstrates she knows how to champion the values that matter to U.S. families," he said in a statement. David Skillman, a senior associate at the Arnold & Porter law firm who worked closely with Tai when he was chief counsel to the head of the House trade subcommittee, said she would do well leading USTR as it faced coming challenges. "Katherine has terrific policy chops and great political skills, but more importantly, she´s just unflappable. The next USTR has a very tough road ahead of her, and Katherine has the ability to bring people together to make progress," he said. (Reporting by Trevor Hunnicutt in New York, Andrea Shalal in Washington; Additional [http://www.ajaxtime.com/?s=reporting reporting] by Michael Martina, David Lawder and Eric Beech; Editing by Peter Cooney)

Benutzer:MargueriteWeedon

2021-01-07T22:09:59Z

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