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China property sector woes persist - new home prices fall again
Data for China's December new home prices
down 0.25% m/m
- prior -0.25% m/m
down 1.5% y/y
- prior -1.6%
On Friday I posted on further support for the sector:
- China will loosen restrictions on Chinese developers' financing with changes to the "Collective management system for real estate loans” on banks and also on the "Three Red Lines" policy.
- China will add another 150 bln yuan in special loans for securing project deliver... Read More
Posted: Jan 16 2023, 01:35
Author Name: forexlive
Views: 111497