The first 10 days of data are in, and Beijing homes sales fell 26 percent from the first 10 days of September.
iFeng: 11月上旬北京新房网签量较9月上旬下降26%
Is stagflation temporary?
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I have been gazumped by two red-hot inflation reports in two days, even as
growth slows sharply in Australia and the US. First, in Australia,
quarterly d...
Maybe things work differently in China, but isn't that really *really* bad?
ReplyDeleteIt's better than October when sales were down 30-40%. Beijing isn't critical to the overall market except as a bellwether. Cities such as Wuhan, Hangzhou, Nanjing and Hefei are the ones to watch right now.
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