Shenzhen's Policy Moves Offer Short Relief as Market of Pre-Owned Homes Recovers yicaiglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yicaiglobal.com Daily Mail and Mail on Sunday newspapers.
Homebuyers in Shenzhen have shown interest in upgrading their homes after the local government eased some policy measures, but expectations of lower incomes amid slower economic growth mean that people are still hesitant about big-ticket purchases.
The growth of China’s key middle class is set to be hindered by an ageing population, while in the US, flat wage growth and a drop in university enrolments is hurting the crucial segment of society.