Category China

China Business News

China’s real estate sector goes south

View of empty newly-constructed residential apartment buildings in Rushan city, China, 26 September 2013 (Photo: Reuters/Oriental Image)

Author: Alicia Garcia-Herrero, Bruegel Chinese real estate developers are desperate to recover from the prolonged lockdowns driven by China’s zero-COVID-19 policy. But the slowdown in home sales is also related to the collapse of household confidence in the country’s real…