Illustration by Lau Ka-kuen
China’s property policy ‘arrows’ set to rescue developers, but with buyers’ faith shaken, will boom times return soon?
- The policy ‘arrows’ Beijing fired in November will aid developers, but observers differ on the timing and magnitude of a rebound for the US$2.55 trillion market
- Faith in price appreciation has been shaken, and demographics do not favour a return to the boom conditions of the last two decades, some analysts say
Illustration by Lau Ka-kuen