The property market downturn was a drag on China's economic growth last year, cutting it by about 1.1 percentage points, according to investment bank JP Morgan. Photo: Reuters
China's cities taking steps to pare record housing inventories
Economists expect to see renewed policy support, including a possible rate cut in the first half, that will boost housing sales in second quarter
The property market downturn was a drag on China's economic growth last year, cutting it by about 1.1 percentage points, according to investment bank JP Morgan. Photo: Reuters
