Biggest News Aggregation in the World
๐Ÿ“ฐ Ping An News

Page 18 - Ping An News Today

Fast, Ad-Free News Updates

Stay updated with breaking news from Ping An. Real-time updates on events, politics, business and more.

Analysis:China needs to pull 'multiple levers' for property turnaround, say analysts

HONG KONG/NEW YORK : China's direct interventions to ease a cash crunch for crisis-hit property developers are a step in the right direction, but analysts say these actions must be complemented by stronger fiscal and monetary policies to shore up demand in the sector.The extended slump in property sales,
Ping An Elliot Hentov Steven Xu Edward Al Hussainy Raymond Cheng Morgan Stanley

Stay Updated with Latest News

Get breaking news updates delivered to your inbox

Browse All News โ†’

China's property sales extend declines, weighing on outlook

China's property sales fell at a faster pace in October and investment in real estate slumped, official data showed on Wednesday, suggesting the crisis-hit sector is yet to emerge from its decline despite Beijing's recent support efforts. Property sales by floor area fell 20.33% year-on-year against a 19.77% fall in September, according to Reuters calculations based on data released by the National Bureau of Statistics (NBS). Authorities have been ramping up measures to support real ...
Ping An Ella Cao Sam Holmes Liangping Gao Ping An Insurance Group National Bureau Of Statistics
Source: yahoo.com

Explore More Categories

World News India News Business Technology Sports Entertainment Health Science