China’s $300 billion sovereign-wealth fund is eyeing big investments in distressed U.S. real estate, according to people familiar with the matter. To finance some of the deals, China may rely on an old trading partner: the U.S. government.
In recent weeks, officials from China Investment Corp. have held talks with U.S. private-equity fund managers, including BlackRock [...]

The central government yesterday stepped in to bolster the sagging real estate market by lowering transaction taxes, reducing down payments and lowering mortgage rates.
But analysts said the measures may not hold back price corrections because the current prices have surged far out of reach of many buyers.
Fleshing out a directive issued last Friday by the [...]

China’s real estate market may enter another round of expansion around 2010, after the adjustment and transformation of the market, predicted a professor from Zhejiang University.
Jia Shenghua, deputy of the real estate research center in Zhejiang University, said that unlike ordinary consumables, the real estate sector is a quasi-financial market with periodicity.
“Judging from the current [...]

For a long time China’s “Golden Week,” a long holiday celebrating National Day, has been synonymous with a boom for the housing market. However, despite high expectations for this year’s holiday by Chinese real estate developers, the market in Beijing, Shanghai and Shenzhen has instead shown itself as sluggish.
Beijing: Housing Sales Drop Over 70 Percent [...]