【CNBC】China’s big property market problem will take at least 4 to 6 years to resolve
【CNBC】China’s big property market problem will take at least 4 to 6 years to resolve
2023.12.08
焦點新聞
-
產業動態
大陸
閱覽次數110
- China has a big problem within real estate that will take at least four to six years to resolve, according to analysis from Oxford Economics Lead Economist Louise Loo.
- “However one slices the data, the existing excess supply in the market is likely to take at least another four years to unwind, absent a meaningful pickup in demand,” Loo said in a report Tuesday.
- On the extreme end, residential construction in the relatively poor province of Guizhou could take well over 20 years to complete, Loo said in an email, while it will likely take at least ten years in several other provinces such as Jiangxi and Hebei.
