Logo 19 Mar 2024

Property sector woes deepen

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China's property sector is still stuck in a rut.
The latest: On Monday, the stats bureau (NBS) published Jan-Feb data for the sector.
The headlines:

New investment in the sector fell 9% y/y, narrowing from a 12.5% decline in December
Home sales plummeted 24.8% y/y by total floor space sold, continu...