January 2016

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January 2016

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#69

01-18-2016, 11:01 PM

But it doesn't mean China's real estate market doesn't have problems..

For an economy facing its slowest economic growth in a quarter century, a 7.7 percent year-on-year rise in new home prices in December would seem to offer China some light at the end of the tunnel. But the headline number, published by the National Bureau of Statistics on Monday, masks China's massive property problem - a vast amount of unsold apartments mainly in its smaller cities.

Strong China property data masks big problem: unsold homes | Reuters

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