China

Industry News

China Expands Property Support as Developer Losses and Mortgage Risks Persist

China's property market slump has dragged on for five years, with falling values and mounting debt straining developers and households. Government-backed developer China Vanke reported a record 89 billion yuan loss, while China Evergrande was delisted from the Hong Kong stock exchange. In response, Chinese authorities have introduced mortgage interest subsidies and relaxed municipal purchase rules as falling values push millions of mortgages underwater.

China–UAE News

China Securities and JINGDONG Property Expand Footprint Across UAE Financial and Logistics Sectors

China Securities has secured regulatory approvals to launch a regional office in the Dubai International Financial Centre. Concurrently, JD.com subsidiary JINGDONG Property has agreed to construct a 150,000-square-metre smart logistics facility in Abu Dhabi's KEZAD economic zone.

China–UAE News

Chinese Direct Investment in UAE Hits $2.6 Billion as Financial Footprint Expands

China's outbound direct investment to the UAE reached $2.6 billion, more than tripling the previous year's total as overall Middle East flows doubled. In parallel, Beijing-based China Securities secured regulatory approvals to open a regional office in the Dubai International Financial Centre. Chinese banking institutions now account for over 30 percent of total assets in DIFC's Banking and Capital Markets sector.

Industry News

Reports Detail Iranian Training and Chinese Commercial Parts in Houthi Arsenal

Yemen's Houthi rebels have expanded territorial control along the Red Sea coast using weapons assembled with Iranian training and imported commercial parts from China, according to media reports cited by Chosunbiz. The military expansion has impacted critical maritime transit routes, contributing to volatility in global oil prices. Intercepted cargo shipments inspected in July reportedly contained commercial dual-use components adaptable for missile and drone manufacturing.