BEIJING : China's property investment fell at a slower pace over the first two months of 2023, official data showed on Wednesday, showing signs of improvement buoyed by a slew of supportive policies though buyers and developers remain cautious.
Around half of the 30-odd Chinese developers listed in Hong Kong have defaulted on or delayed bond payments. "Property sales figures are expected to turn from negative to positive in the first quarter of the year, the biggest sign that the property market is recovering."
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