China’s property sector hasn’t hit bottom, but the slump is slowing: Strategist
From cnbc.com Watch this video at https://www.metalsmine.com/news/1402409-chinas-property-sector-hasnt-hit-bottom-but-the.Peter Churchouse, Managing Director at Portwood Capital, says China’s property downturn may be stabilizing as policy support slows the pace of price declines. However, he warns the market has likely not yet bottomed, and long-term structural pressures such as weaker demographics, slower urbanization and affordability issues will limit a return to past growth levels.