Listen! Money talks: One Belt One Road

What now for Fiat Chrysler after Sergio Marchionne’s departure? How America and Europe are tightening rules on foreign direct investments. And China’s Belt and Road Initiative – a benevolent gift to connect the world or a highway to world dominance? Helen Joyce hosts – (07:19 – 16:44) … http://bit.ly/2OQveZ6

China has consolidated property ownership data, but to levy tax is a separate struggle

Beijing’s 10-year debate on implementing a property tax and the shift from a 2019 deadline to complete legislation to an indefinite one are signs of entailed difficulty and hesitation. It took five years but China finally completed the consolidation of a national real estate information database last week, retiring the patchwork registration system that deprived authorities … http://bit.ly/2tLumLC

Rental properties are the new gold in China for overseas investment funds

Increasing residential prices, decreasing housing affordability and a highly mobile workforce are driving China’s rental market boom, according to a recent Savills report. Overseas private equity funds have been piling into China’s rental flat sector in the past few months, on the back of strong government support and shifting consumption patterns among the younger generation. … http://bit.ly/2MjJs3A

Japan’s strategic counter to China’s Belt and Road Initiative

As Xi Jinping directs the explosive growth of China’s economic and political footprint across Asia, Eurasia and Africa through the Belt and Road Initiative (BRI), other Asian countries are deploying international development initiatives of their own. Japan, in particular, is making significant plays to counter China’s expanding influence by proposing a cooperation with India … http://bit.ly/2qTsfr2

China’s ‘sponge cities’ are turning streets green to combat flooding

Replacing concrete pavements with wetlands, green rooftops and rain gardens means stormwater is absorbed back into the land, making water work for the city instead of against it. A small part of Shanghai is turning greener, street by street. In the Lingang district, pavements are lined with trees, gardens and public squares full of plant beds. Between cranes and construction … http://bit.ly/2lE3PMQ