19
Apr
16:33
Chinese real estate recovers slowly
China’s real estate sector is recovering, but still has some way to go, data released Friday by the National Bureau of Statistics (NBS) suggests. Completed investment stabilised in March, but sales and construction activity remained heavily down on-year, Kallanish notes.
Over January-March, completed investment was down -7.7% year-on-year to CNY 2.2 trillion ($310 billion). After the -16.3% drop over January-February however that implies March investment was…
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Anonymous
Very good overview of the weekly steel market.
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