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BerichtGeplaatst: 16-10-2018 02:30:33    Onderwerp: As allegations continue Reageren met citaat
Nanjing is among a dozen Chinese cities struggling to cool the property market. On Tuesday, Shenzhen increased down payments and promised more land for building. Beijing has also raised down payments. (Xinhuanet file photo)


NANJING, Oct. 5 (Xinhua) -- Li Chun (not her real name) from the eastern city of Nanjing believes that divorce is the best investment option for her since the city increased house-buying restrictions.


From Sept. 26, residents who already own two or more houses in certain districts will not be allowed to purchase new homes.


Li and her husband, with two houses under their names, had been looking to buy another. "New houses will increase in value more than pre-owned," she said, now only by divorcing can they buy a new home.


The National Bureau of Statistics says the price of new houses in Nanjing increased by 4.1 percent from July to August, and the August price recorded 38.8 percent year-on-year growth.


"If we buy a 100-square-meter house, the value will probably appreciate by some 700,000 yuan (105,000 U. S. dollars) over a year, which is about three to four times our yearly income," she said.


Nanjing is among a dozen Chinese cities struggling to cool the property market. On Tuesday, Shenzhen increased down payments and promised more land for building. Beijing has also raised down payments.


According to the National Bureau of Statistics, over 90 percent of bigger cities surveyed in August reported new home price rises, up from 73 percent in July and 79 percent in June.


Central bank data showed that banks in August made 529 billion yuan in household loans, mortgages accounting for 55.7 percent of that.


Lack of building plots could be another reason behind the price rises. Prices of recently auctioned land in many cities are already higher than those of nearby existing homes, meaning that home prices in these areas are set to increase.


Ni Pengfei, a researcher with the Chinese Academy of Social Sciences, believes people are now optimistic about the housing market in big cities.


Some buy for speculative reasons, and others buy now because they fear if they do not move fast they will not be able to afford it in the future, said Zhang Dawei, an analyst with Centaline Property.


Control measures can help curb speculation and stabilize the market, but only to a very limited degree unless authorities move to tighten credit while channeling more credit to the real economy, Zhang Dawei suggested.


"For bigger cities, credit should be tightened, but for others with high inventories, preferential interest rates should be offered," he said.


Housing market analyst Liu Ce believes that addressing the root of the problem means economic restructuring and developing new growth engines with higher returns than the property sector.

"

British Prime Minister Theresa May called Monday for greater effort to stamp out ""abuses of power"" in public life amid what she called troubling allegations of sexual harassment and abuse in U.K. politics.


May and leaders of the other parties in Parliament agreed to set up a grievance procedure for everybody working in Parliament Authentic Indianapolis Colts Jersey , and to replace an existing complaints phone line with a face-to-face service.


""I think if this hasn't happened to you it's difficult to appreciate the impact that being a victim of this sort of behavior can have — it simply has a lasting impact on people,"" May said after meeting Labour Party chief Jeremy Corbyn and other party leaders.

  Britain's Prime Minister Theresa May speaks at the annual Confederation of British Industry annual conference in London Monday Nov. 6 Authentic Houston Texans Jersey , 2017. May is calling for a new ""culture of respect"" in public life amid spreading allegations of sexual harassment and abuse in British politics. The scandal has already triggered the resignation of the country's defense secretary, an investigation of May's deputy and the suspension by their parties of several Conservative and Labour lawmakers.(John StillwellPA via AP)

""And we need to do more to stop these abuses of power.""


Since revelations emerged about Hollywood mogul Harvey Weinstein Authentic Green Bay Packers Jersey , researchers, staff and journalists working in British politics have begun to come forward with allegations of sexual abuse and harassment by lawmakers and officials in Parliament. In several cases Authentic Detroit Lions Jersey , they have accused political parties of failing to take action and even discouraging victims from going to police.


The claims have ranged from unwanted touching and suggestive emails to allegations of rape.


The scandal has already triggered the resignation of the country's defense secretary, an investigation of May's deputy and the suspension by their parties of several Conservative and Labour lawmakers.

UK defense quit over sex scandal

Both May's Conservatives and the Labour opposition have set up new measures to deal with allegations of wrongdoing Authentic Denver Broncos Jersey , but May has said she wants a cross-Parliament approach to provide consistency for all workers.


She said the fact that abuses ""have taken place here at our seat of democracy should be a matter of shame for us all.""


As allegations continue to emerge, Home Secretary Amber Rudd said Sunday the torrent of abuse revelations marked a ""watershed moment"" in British politics and could result in a ""clear out"" of offenders.

" "

BEIJING Authentic Arizona Cardinals Jersey , Nov. 9 (Xinhua) -- Chinese Ministry of Commerce (MOC) said Thursday the outcomes for Sino-U.S. commercial cooperation achieved during U.S. President Donald Trump's visit are reciprocal and balanced in general.


Chinese and U.S. companies signed deals on 34 cooperation projects worth 253.5 billion U.S. dollars in two signing ceremonies during President Trump's ongoing visit to the country, according to an MOC statement.


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