CapitaLand navigates China slowdown

Singapore

CAPITALAND recognises that China's golden era for real estate is past, but still sees opportunities there, thanks to its increasing urbanisation, market liberalisation and the internationalisation of the yuan.

The company's president and group chief executive officer Lim Ming Yan, speaking at a briefing at Ascott Midtown Suzhou on Monday, said it is important to put into perspective the negative sentiments spread in the media about the China slowdown.