Housing sector must be stabilized to restore consumer confidence in China, economist says
Wei Yao, china economist at Société Générale, discusses weakening growth momentum in China and explains what policy makers can do to support the economy.
Month: September 2024
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2024 Political Rallying Cry: ‘It’s the Housing, Stupid’
2024 Political Rallying Cry: ‘It’s the Housing, Stupid’
NAR is mobilizing to make home affordability, a top concern for voters, a central theme in the general election.
JPMorgan economist says China’s housing market crash is still not over
China’s troubled housing market could see prolonged softness, as a slew of government stimulus and supportive measures have not been “satisfactory.”
Rupert Murdoch’s property group considers bid for UK’s Rightmove, sending shares 21% higher
Rupert Murdoch-owned REA Group said Monday it is contemplating a takeover offer for U.K. property portal Rightmove in a bid to create a global digital real estate business.
China needs policy redirection to provide ‘more balanced support’ for services sector: Economist
Haibin Zhu from JPMorgan dissects the purpose of China’s policy redirection and explains how it will impact its services sector.