Apartment blocks are pictured next to a construction site on a hazy day in Wuqing district of Tianjin, China. Prices of new residential projects in smaller cities picked up by 0.4 percentage points in February, according to data from the National Bureau of Statistics. Photo: Reuters

Chinese families in smaller cities keen on buying property despite rising prices

Attitude towards property investment varies widely in top tier and secondary Chinese cities even as housing index rebounds in March from the lowest level in two years, according to a Nielsen survey

Topic |   China economy

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Apartment blocks are pictured next to a construction site on a hazy day in Wuqing district of Tianjin, China. Prices of new residential projects in smaller cities picked up by 0.4 percentage points in February, according to data from the National Bureau of Statistics. Photo: Reuters
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