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China's property slump is far from bottoming. But Beijing is prioritizing tech growth
Chinese policymakers are unlikely to shore up the country's struggling real estate sector, analysts told CNBC, even as the housing slump drags on economic growth. The assessment comes as China's top leaders, called the Central Committee, are due to wrap up a four-day meeting Thursday, which will outline priorities for the next five years. In Beijing's view, the property sector's drag on growth has eased, while technological development is a more urgent priority in the current geopolitical landscape, said Ning Zhu, author of "China's Guaranteed Bubble." To him, that means Beijing is unlikely to enact ... (full story)
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- Oct 23, 2025 4:00am Posted byFundamental Analysis4,970
