
Recovery Still Far Off For China Real Estate

Recovery Still Far Off For China Real Estate
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Guest: Kristy Hung, Senior Industry Analyst of Asia Real Estate, Bloomberg Intelligence
China’s property slump continued in May, with major developers seeing an 8.6% drop in home sales. Weak demand, deflation, and cautious policy support suggest the sector’s recovery remains distant despite broader economic pressures. Kristy Hung, Senior Industry Analyst of Asia Real Estate, Bloomberg Intelligence gives us her perspective on the Chinese property market and outlook.
Image Credit: Shutterstock.com
Presenter: Shazana Mokhtar, Keith Kam
Producer: Jake Lim
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