24 May 2025
More recent developments
November 17, 2025
Housing prices fall at fastest pace in a year
Homebuyer sentiment is still stuck in the gutter. According to the stats bureau’s (NBS) October home price survey, published Friday: Average new home prices fell 0.45% m/m, the biggest monthly decline in a year Prices fell in 64 of 70… Read More »
November 17, 2025
Property sector investment, sales plummet in October
Real estate construction and sales both fell off a cliff in October. According to the stats bureau’s (NBS) October data on the sector, published Friday: Real estate investment shrank 23.0% y/y, accelerating from September’s 21.3% decline New housing starts plummeted… Read More »
November 17, 2025
Finance minister vows more government spending to raise productivity
Beijing wants government spending to prioritize long-term upgrading of the economy. In a November 14 interview with Xinhua, Finance Minister Lan Fo’an pledged to: “Optimize the direction of government investment...and channel more funds into projects of strategic importance that help… Read More »