ing recent support for the sector,” Yicai.com reported, citing a report by China Real Estate Information Corporation.“Recent measures to restore developers' financing ability will ease their default risks and offset the downbeat expectations of the industry. “
“In November, property sales by floor area in the key 30 cities decreased by 14% m/m, hitting a new low in a single month over the past six months, and the year-on-year decline further increased to 30%.”US National Security Adviser Sullivan: The US sees China as a growing strategic threat If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.