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China property market slumps on developers’ debt crisis, weak buyer sentiment – Reuters

People stroll subsequent to residential buildings Inside the coal metropolis of Hegang, Heilongjiang province, northeast China January 2, 2020. Image taken January 2, 2020. REUTERS/Ryan Woo/File Photograph

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HONG KONG, Might 26 (Reuters) – China’s property market, a key pillar of the world’s second-hugest financial system, has weakened sharply Prior to now yr As a Outcome of of a authorities clampdown on …….

Source: https://www.reuters.com/markets/deals/china-property-market-slumps-developers-debt-crisis-weak-buyer-sentiment-2022-05-26/

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