Trade war effects leave China less room to tighten property curbs, say analysts

//Trade war effects leave China less room to tighten property curbs, say analysts

Trade war effects leave China less room to tighten property curbs, say analysts

China’s slowing economy and the ongoing trade war with the US mean it has less room to increase cooling measures in the property sector, one of the most important economic drivers, according to analysts.China’s real estate sector has been rife with rumours the government will further rein in the booming market with measures that may include denying certain developers access to the onshore bond market to curb their aggressive bidding for land being auctioned off.Property sales in May showed…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2019-06-14T09:00:07+00:00 June 14th, 2019|Headlines|Comments Off on Trade war effects leave China less room to tighten property curbs, say analysts