Property sector pain deepens, once again, in April
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Stop us if you've heard this one before: China’s property sector continues to struggle.
According to the latest stats bureau (NBS) data, in April, new home sales by floor space fell 2.4% y/y, a deepening decline from March’s 0.6% fall.
Sales fell more sharply in value terms, down 6.6% y/y, reflecti...