Fergus Naughton

Senior Analyst, China Research
+86 10 5960 3315

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CHINA: Quarterly property report

Overview

Housing data for August bear out our belief that China’s property sector will continue to disappoint in the near term as negative sentiment weighs on the market and the protracted downward slide in price growth and sales volumes persists. Concerns continue to grow about the overall impact of the property market decline on broader economic growth and how policymakers in Beijing will try to turn the tide in an environment awash with self-fulfilling pessimism. But we believe the...

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