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China's stimulus could focus on its 'dire' property sector. Here's what economists expect

From cnbc.com

Weak economic data out of China despite an expected rebound has prompted talk that Beijing will have to boost fiscal stimulus — and some economists say the property sector could be in focus. Prices in China’s housing market has been on the rise, but sales have slowed, research firm China Beige Book said in a May report. Citi economists said a property-focused stimulus package may be imminent, and pointed to a local media report that showed deteriorating sentiment in resale home listings and a decline in transaction volumes. “The stimulus package could be centered on the property sector, with expansionary monetary and ... (full story)

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  • Category: Fundamental Analysis