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FXI: China 2024 - The Year Of The Paper Dragon (NYSEARCA:FXI)

FXI: China 2024 - The Year Of The Paper Dragon (NYSEARCA:FXI)
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China real estate crash is worse than official data

Private data suggests home price declines of at least 15% in major Chinese cities, showing the true extent of the country's real estate crash.

Lu tingHong kongNational university of singaporeSingapore generalBert hofmanHenry chinWang lishengAsia pacificYan yuejinAlicia garcia herreroKe holdings incAlibaba group holding ltdDevelopment instituteGoldman sachs group incWorld bankNomura holdings inc

China s housing crisis strikes again

To push sales, real estate developers are cutting prices but the Chinese government is penalising those who are announcing sharp cuts for fear of it disturbing the market and spreading the crisis to banks

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China February new home prices +0 3% m/m (prior flat at 0%) & -1 2% y/y

China February new home prices +0 3% m/m (prior flat at 0%) & -1 2% y/y
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China home prices

Economic Watch: China s home prices continue to ease in December 2022-Xinhua

Economic Watch: China s home prices continue to ease in December 2022-

Deng haiqingFund management co ltdNational bureau of statisticsChina minsheng bankNational bureauCentral economic work conferenceChina home prices

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