Masstown farmer launches pumpkins over a kilometre for charity | SaltWireHONG KONG/BEIJING - China's troubled property market is showing little signs of a recovery in the short term despite a series of government stimulus measures to help revive activity in the sector which makes up a quarter of the nation's economic output.
"I am not sure about my career future in today's economic situation," said the 28 year-old computer programmer. Separate figures this week also showed property sales and investment extended double-digit declines, down 19.8% and 18.7% respectively, in a sign the world's second-biggest economy is not out of the woods yet despite better-than-expected headline gross domestic product data.
Sales in October are expected to stay soft, developers said, as few of the visits from buyers to sites have realized into actual purchases.
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