By
See Also
China’s crashing property sector is world’s ‘most important’ industry right nowHow China’s property crisis is helping fuel Australia’sChina's real estate market roiled by default fears again, as Country Garden spooks investorsPlunging sales of new homes show China's real estate crisis isn't over | CNN BusinessBloomberg News
Updated on
China’s economic recovery is being weighed down by a worsening property slump, with the latest data likely to show little sign of a rebound in growth.
Official figures due Tuesday are expected to show only moderate increases in industrial output, retail sales and fixed-assets investment in July. The contraction in property investment likely worsened, with fears of a debt crisis at a major developer and a further decline in housing sales holding back a rebound in the sector.
Have a confidential tip for our reporters?
Get in Touch
Before it’s here, it’s on the
BloombergTerminal
LEARN MORE
Up Next
China’s Economic Recovery Faces Risks From Property Crisis
