China plans to intensify efforts in 2025 to stabilize its housing market, addressing challenges in the real estate sector, including the rising demand for affordable housing and urban renovations.
According to a recent work conference by China's housing regulator, the government will continue reforms to stabilize the real estate market and prevent further declines.
Key initiatives include expanding urban village renovations and strictly controlling commercial housing supply while boosting affordable housing options. These measures aim to address the needs of new citizens, young people, and migrant workers.
Policymakers have already implemented strategies since September to revive home demand, such as cutting mortgage rates, reducing down payments, and offering tax incentives.
As a result, the real estate market has shown signs of recovery, with home transactions experiencing growth in October and November. The slow pace of falling home prices marks a positive shift for the industry heading into 2025.
The European Union’s chief sanctions envoy visited Washington on Monday with a team of experts to discuss what could become the first joint transatl...
Iran said recent expert-level talks with the Vienna-based IAEA, as well as FM Abbas Aragchi’s negotiations with the EU’s Foreign Policy Chief Kaja...
Afghanistan and Turkmenistan have agreed to strengthen cooperation on major energy projects, including electricity transmission and the long-delayed T...
Alibaba has released its most powerful artificial intelligence model to date, Qwen-3-Max-Preview, marking a major leap forward in the company’s AI a...
Kazakhstan, Kyrgyzstan and Uzbekistan have signed an agreement on joint water and energy resource management through to 2026....
Hong Kong shut schools and many businesses closed on Monday (8 September) as severe Tropical Storm Tapah came within 170 km (106 miles) of the area with gale-force winds.
The South Korean and Japanese defence ministers will hold talks in Seoul on Monday, Seoul's defence ministry said, marking the first official visit by a Japanese defence minister to South Korea in a decade.
Russian President Vladimir Putin on Friday urged Russia’s aerospace industry to step up efforts to develop booster rocket engines and expand the country’s role in global space technology.
U.S. President Donald Trump said on Friday that India and Russia appear to have been “lost” to China after their leaders met with Chinese President Xi Jinping this week, before later clarifying that Washington had not lost New Delhi.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Russian energy giant Gazprom has signed agreements with Kazakhstan and Mongolia to boost gas cooperation, including increased deliveries to Kazakhstan in 2025–2026 and a study on gasification in Mongolia’s capital, Ulaanbaatar.
A recent Federal Reserve Bank of New York (New York Fed) study reveals that while the use of artificial intelligence (AI) among businesses has grown significantly over the past year, very few companies have carried out AI-related layoffs.
Rising concerns over the U.S. economy and ongoing tariff disputes have put global government bonds under selling pressure, experts say. Donald Trump’s push for interest-rate cuts, combined with a major spending bill, has shaken investor confidence, sending bond prices down while yields rise.
Access to Google services was restored Thursday after a region-wide outage cut off millions of users across dozens of countries, with disruptions reported in platforms including YouTube, Gmail and Maps.
The pound and the yen came under strain on Wednesday, weighed down by renewed investor concerns over global fiscal health and political uncertainty in Japan.
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