Chinese Firms Are Investing Abroad at Fastest Pace in Eight Years
China’s overseas investment is heading for an eight-year high as its dominant firms build more factories abroad, a shift that could soften criticism of Beijing’s export drive.
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China’s overseas investment is heading for an eight-year high as its dominant firms build more factories abroad, a shift that could soften criticism of Beijing’s export drive.
The Related Cos. founder is following the money flowing south by bringing his influence to everything from real estate to schools and health care.
Real estate brokerage stocks tumbled Thursday on waning expectations for Federal Reserve interest-rate cuts, and as a disappointing earnings release raised concern about the sector’s outlook.
Initial data on US gross domestic product for the first quarter of 2024 is set to confirm an ongoing economic boom amid a tailwind from surging immigration.
A South Florida office skyscraper from Related Cos. landed new finance tenants, including a John Paulson business and a private equity firm that counts Mark Bezos as a founding partner.
Jul 5, 2017
The Canadian Press
VANCOUVER -- The City of Vancouver says proposed new rules for short-term rentals would allow for most such rental listings but also protect long-term rental housing as the city's vacancy rate dips below one per cent.
The new rules will be discussed by council next week and would allow homeowners or renters to advertise a room or their entire residence on a short-term rental platform such as Airbnb or Expedia.
Short-term rental operators would be required to hold a $49 annual licence issued by the city, and the licence details would have to be included on the rental platform advertisement.
The framework would ban short-term rentals of secondary residences but would allow home owners and renters to list and rent their principal homes.
In addition to the licence fee from operators, rental platforms such as Airbnb would also have to apply a transaction fee of up to three per cent and remit that fee to the city.
Mayor Gregor Robertson says the proposals will protect the rental housing supply while enabling local residents to make a little extra cash to supplement their incomes.