Property investment in China fell 10.1% in the first nine months of 2024 from a year earlier, after dropping 10.2% in January-August, National Bureau of Statistics (NBS) data showed on Friday.
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China’s property investment falls 10.1% y/y in Jan-Sept
China’s ‘Professional Children’ Want to Buy Less and Experience More
China’s property downturn is entering its fourth year. Government officials and retail businesses alike have been worried about consumption downgrade, the notion that when economic prospects are weak, people trade expensive goods and services for…
China’s ‘Professional Children’ Want to Buy Less and Experience More
China’s property downturn is entering its fourth year. Government officials and retail businesses alike have been worried about consumption downgrade, the notion that when economic prospects are weak, people trade expensive goods and services for…
China property market is going to be a problem for next 10 years or so, economist says
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China September industrial output rises 5.4%, beating expectations
China’s industrial output in September grew 5.4% from a year earlier, up from a 4.5% pace in August, providing some encouragement to policymakers as they step up efforts to revive a sluggish economy …
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Falling prices, weak consumer spending and a housing market crash help to explain why the Chinese government is taking steps to stimulate the economy.
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