Recent government measures to prop up the sliding property market have led to developers’ shares climbing higher and soaring home sales. Will the new measures offer a sustained fix this time?
Tag : china property crisis
With Country Garden and Zhongzhi in distress, institutional investors and economists explain why they don’t foresee a financial crisis.
More profound issues beyond the liquidity crisis of property developers include Chinese residents’ impaired confidence in the housing market and the slowing home sales dragging economic growth.