11.10.2011 - What's happening to property prices in China
Just a quick update on the Chinese property market. I tend to keep one eye on the Soufun 100-city index, and the other eye on the NBS 70-city data. Of course it is somewhat fraught to look at an aggregated-up index over such a vast and diverse country, but the trend is still very important for macro analysis of China given the strong link of fixed asset investment, government revenue, private wealth, and of course the banking and finance sector to real estate prices and activity. So in this update I'll show you the Soufun graphs with the September data, and pop in a few other relevant bits and pieces I've happened upon..............................................Full Article: Source
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