Beijing Throws China’s Housing Market a Bone

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The policy paralysis of the past half year has given way to stronger signals that Beijing wants to support the market. But it still seems to want a floor rather than a strong rebound per se.

Policy paralysis of the past half year has given way to stronger signals that Beijing wants to support the marketCountry Garden, once seen as one of China’s most stable property developers, is now struggling

financially, leaving the future of unfinished megadevelopments like Malaysia’s Forest City in doubt. Here’s how overbuilding, and a streak of bad luck, have left China’s real-estate developers in the red. Photo: Adam Adada

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines