You are here

China's property market recovering from deep slump

Prices for new homes in country's biggest cities are rising sharply, led by southern boomtown of Shenzhen

BT_20160420_CHINAHOMES20_2234264.jpg
The real estate resurgence comes as growth across the rest of the economy is slowing, providing a welcome and significant boost. Some economists estimate property accounts for as much as a quarter of China's GDP.

Hong Kong

CHINA'S slowdown, which has cast a shadow over the global economy and worried investors around the world, stems in part from a deep slump in its crucial property market.

Now that slump appears to be easing, as construction cranes return in some cities and real estate...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes