Pantheon Macroeconomics

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23rd Sep 2022 14:30China+, Weekly Monitor

  • August was another bad month for China’s property
    sector, with sales, starts, and prices all falling.
  • Bailout funds are visible in the data, but so far have only moved the needle from “terrible” to “very bad”.
  • More money is needed to break the downward spiral trapping the sector, and restore market confidence.

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construction credit credit data developers furniture government homebuyers loans local government local governments May mortgage policy rmb September vehicles

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Keywords for: 26 Sept 2022 China+ Monitor

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