Chinese home buyers at a housing fair in Yichang,Hubei province. According to a recent media briefing by the National Bureau of Statistics, the property boom helped support gross domestic product by roughly 8 per cent in the third quarter of 2016. Photo: AFP
Xie Yu
Opinion

Opinion

Across The Border by Xie Yu

Front-loaded property boom makes outlook in 2017 more stressful

Residential sales to slow down from October, but China must maintain the right balance between supporting growth and restraining prices

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Chinese home buyers at a housing fair in Yichang,Hubei province. According to a recent media briefing by the National Bureau of Statistics, the property boom helped support gross domestic product by roughly 8 per cent in the third quarter of 2016. Photo: AFP
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