Sunday, February 28, 2021

China new dwelling costs +0.3% m/m (prior +0.1%) and +3.9% y/y (prior +3.8%)

 Rising property costs are a key underpinning of home development in China   

Authorities do change into involved if costs seem like rising too quickly, citing leverage dangers. This doesn’t seem like a priority at current although.

Nonetheless, there are indicators out of China {that a} tightening of financial coverage is being eyed:

Put money into your self. See our foreign exchange schooling hub.

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