Against the backdrop of successive real estate industry defaults and the early signs of a market bubble burst, the Chinese Communist Party (CCP) has rolled out a series of groundbreaking “housing reform” policies, sparking much debate. The policies call for a dual-track system emphasizing affordable housing, which signifies a significant departure in the Chinese real estate market. However, analysts are raising concerns that these reforms might destabilize real estate developers and trigger a precarious market collapse, simultaneously curbing the investment attributes of housing and potentially shrinking the wealth accumulated by Chinese citizens over the past two decades. The housing policy, titled “Guiding Opinions on Planning and Building Affordable Housing,” received approval during the CCP State Council’s executive meeting on Aug. 25, designated as Document No. 14. The policy was officially issued on Sept. 1. It has sparked widespread discussions since its disclosure by the Economic Observer network on Oct. 26....Read more https://www.theepochtimes.com/china/analysis-housing-reform-policy-will-reshape-chinas-real-estate-landscape-5527634
Former Chinese premier Li Keqiang died of a heart attack on Oct. 27, with many questioning whether his sudden death was the result of an internal struggle within the Chinese Communist Party (CCP). Several CCP’s top retired officials absented themselves from Mr. Li’s funeral. However, a few days later, these party elders presented wreaths of flowers at another funeral for a provincial-level cadre, evidently signaling their discontent with the authorities’ handling of Mr. Li’s death. Political analysts believe that the sudden death of Mr. Li has become a trigger and that the authorities handling of his death and funeral has aroused the discontent of political seniors and party princelings (children of prominent founding figures of the CCP).... 
Vanke is a major Chinese residential real estate developer that has long been viewed as a “model” real estate company. However, after two of the world’s largest real estate developers from China, Evergrande and Country Garden, plunged into default, Vanke is also facing a crisis as sales plummet in China. In response, the Chinese regime is giving Vanke a rare show of support. Since the beginning of this year, the price of Vanke A-shares has plummeted 42.6 percent, and in October, the price of overseas U.S. dollar bonds also plunged. The yield of several bonds has risen to about 50 percent. Since bond yields are inversely proportional to bond prices, bondholders sold their bonds at lower prices....
Former Chinese Premier Li Keqiang’s sudden death has brought attention to his little-known widow, Cheng Hong. The Chinese Communist Party (CCP) authorities announced on Oct. 27 that her husband died suddenly of a heart attack, pushing her to attract public attention. Ms. Cheng previously kept a very low profile and avoided public life when possible. Rumors have spread on Chinese social media, suggesting that Ms.Cheng did not agree to her late husband’s cremation due to his sudden and unexplained death, and she allegedly demanded a thorough investigation, which gained sympathy from some CCP senior officials. The Epoch Times cannot verify such information....