China’s property slump continued in May, with major developers seeing an 8.6% drop in home sales. Weak demand, deflation, and cautious policy support suggest the sector’s recovery remains distant despite broader economic pressures. Kristy Hung, Senior Industry Analyst of Asia Real Estate, Bloomberg Intelligence gives us her perspective on the Chinese property market and outlook.

Image Credit: Shutterstock.com

Produced by: Jake Lim

Presented by: Shazana Mokhtar, Keith Kam

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Categories:  markets,  economy,  property,  international

Tags:  property,  china,  economy growth,  developer,