China’s government signalled that it is eager to revive the country’s housing market on Friday when the official China Securities Journal reported that the central authorities would allow cities to ease policy restrictions on home sales depending on market conditions.
Moody’s and S&P Predict 10% China Real Estate Price Drop, Possible Price War
Credit rating agencies Moody’s and S&P (who, for those of us with memories, are experts on economic disasters) see gloomy times ahead for China’s real estate developers. In recent reports from the two agencies both predict credit problems for China’s… Read More>>