Free Trial

Q1 Real-estate Recovery Can Continue - Expert

CHINA PRESS
MNI (BEIJING)

China’s real-estate market will continue its steady Q1 recovery into Q2, according to Chai Qiang, chairman of the Chinese Society of Real Estate Appraisers. Chai said he expects strong growth in the leasing market, with one-third of the population, mainly young people, expected to require leasing accommodation once the urbanisation rate reaches 75%. Although real-estate investment in Q1 had fallen 5.8% y/y, the rate of decline slowed significantly and strong policy support was now leading to a sustainable recovery. (Source: China Economic Journal)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.