Home Prices In China: The 0.2% fall month-on-month came after June s flat reading, according to Reuters calculations based on National Bureau of Statistics (NBS) data. Prices were down 0.1% from a year earlier, after a flat result in June.
Missed payments on
investment products by a leading Chinese trust firm and a fall
in home prices have added to worries that China s deepening
property sector crisis is rapidly stifling what little. -Today at 03:31 am- MarketScreener
china is experiencing a rare episode of sliding prices. japan s economy experienced this back in the 1990s and early 2000s. now, this comes hot the heels of disappointing china trade data on tuesday, which showed that exports sank at their fastest rate since the pandemic, dropping by more 14% in the year tojuly, with imports also falling by more than 12% in the same period. joining me now is duncan wrigley, chief china economist at pantheon macroeconomics. thank you very much for being with us today. the rest of the world looking on in amazement. considering the inflationary pressures the rest of us are dealing with. what do you read between the lines in this latest data? between the lines in this latest data? . latest data? ok, i mean, there are some latest data? ok, i mean, there are some short-term latest data? ok, i mean, there are some short-term factors i are some short term factors that push down the data for this month, there has been a surge of seasonal vegetables, the bi
The Asian giant’s post-pandemic recovery is faltering, raising hopes of a stimulus. Moneycontrol looks into the options before the government and the central bank.