Yonhap Infomax NewsS&P Global Ratings sharply downgraded its outlook for China’s property market, forecasting an 8% drop in new home sales this year and warning of prolonged weakness as government support wanes.
#YonhapInfomax #SPGlobalRatings #ChinaPropertyMarket #NewHomeSales #LoanPrimeRate #MarketRecovery #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=85031
#YonhapInfomax #SPGlobalRatings #ChinaPropertyMarket #NewHomeSales #LoanPrimeRate #MarketRecovery #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=85031
S&P Says China’s Property Market Slump Worse Than Expected—New Home Sales to Plunge 8% This Year
S&P Global Ratings sharply downgraded its outlook for China’s property market, forecasting an 8% drop in new home sales this year and warning of prolonged weakness as government support wanes.