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Loss of China property momentum being felt as economy hits mid-year slowdown

Swings in sales always alter property developers' confidence and lead to changes in investment

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The value of new homes sold rose 4.3 per cent in July from a year earlier, the smallest increase since March 2015, according to Bloomberg calculations based on data released on Monday by the National Bureau of Statistics.

Beijing

CHINA'S economy hit a mid-year speed bump last month as factory output, investment and consumption slowed. While there were multiple reasons - from a deleveraging push to capacity cuts to the simple fact that the heady pace of first-half expansion was always likely to prove

sentifi.com

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