Unfinished apartment buildings stand at a residential complex in Guilin, in China’s Guangxi Zhuang autonomous region. Photo: Reuters
Unfinished apartment buildings stand at a residential complex in Guilin, in China’s Guangxi Zhuang autonomous region. Photo: Reuters

China’s ‘Volcker moment’ is finally over but housing market will take time to recover, Nomura economist Lu Ting says

  • Lu Ting had warned about the China housing market risk in August 2021
  • Beijing’s policy has reached a turning point, but the property market has not yet hit a bottom, Nomura economist says

Unfinished apartment buildings stand at a residential complex in Guilin, in China’s Guangxi Zhuang autonomous region. Photo: Reuters
Unfinished apartment buildings stand at a residential complex in Guilin, in China’s Guangxi Zhuang autonomous region. Photo: Reuters
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