Logo 19 Jul 2023

Stalling out

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Trivium Markets keeps you briefed on the latest developments in China markets policy.

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China's property market "recovery" reached a standstill in June.
Indeed, when it came to home prices in 70 of China’s biggest cities (Bloomberg):

Average new home prices recorded their first m/m decline of the year, sliding 0.06%.
Only 31 cities reported m/m growth in new home prices, down from 46 ...