Government Work Report Predicts Uphill Battle for Real Estate Growth in China
The Chinese government recently released its annual work report, and the outlook for the real estate market in China is not particularly optimistic. The report predicts that the growth of the real estate market in China will be an uphill battle in the coming year.The report highlights several factors that are contributing to the slowdown in the real estate market. First, the Chinese government has implemented a series of measures to cool down the property market. These include raising the down payment requirement for mortgages, increasing the minimum down payment