
More recent developments

Home prices fall at slower pace in March
Homebuyer sentiment inched upward in March, but the recovery remains slow and fragile. According to the stats bureau’s (NBS) monthly survey of home prices in 70 major cities, published Wednesday, last month: Month-on-month, new home prices fell 0.08% – a… Read More »

Property sales slump eases in March, but investment remains subdued
China’s property sector is still sliding, with March data offering little indication that a turnaround is in sight. According to the stats bureau’s (NBS) latest property data, released Wednesday, last month: By floor space, home sales fell 0.6% y/y –… Read More »

Economic activity surges throughout March
Household consumption picked up last month. Per data released by the stats bureau (NBS) on Wednesday, in March: Retail sales grew 5.9% y/y, a large jump from the 4% growth seen throughout the first two months of the year Service… Read More »