China’s property woes pour cold water over steps to boost stocks
Data this week showed that property investment — a key driver of China’s economic activity — continued to slump, while home prices fell at the fastest pace in almost a year in September. That negated investor optimism over a data showing a pickup in third-quarter economic growth.
DNA News Desk
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Data this week showed that property investment — a key driver of China’s economic activity — continued to slump, while home prices fell at the fastest pace in almost a year in September. That negated investor optimism over a data showing a pickup in third-quarter economic growth.
