Roundup: What to Expect From China’s Property Market in 2022
China’s property sector has been a major driver of the country’s remarkable economic and household wealth growth over the past 20 years, but it has appeared to have lost its shine in recent months amid market turmoil such as developer defaults, and dipping property sales and prices. This has led to waning confidence among investors and homebuyers.
Although regulators and some local governments have begun offering reassurance to developers, investors and homebuyers, observers are still worried about risks to the macroeconomy and financial system given the sector’s extensive links to other industries.
- MOST POPULAR