Aug
14
China’s Property Slowdown Means Peak of Growth Cycle Has Passed
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China home sales rose at slowest pace in more than two years
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Cooling housing market dents demand from cement to furniture
China’s economy hit a mid-year speed bump last month as factory output, investment and consumption slowed.
While there were multiple reasons — from a deleveraging push to capacity cuts to the simple fact that the heady pace of first-half expansion was always likely to prove unsustainable — one key cause of the weakness was a pullback in property…
China’s Property Slowdown Means Peak of Growth Cycle Has Passed
