Tag: China property market recovery
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China growing at the slowest since 2009
Wondering why the property market in China is in trouble with huge number of empty completed units? Well, in Q4 2015, China’s economy grew just 6.8 percent. This should be a growth envied by many but based on statistics, this is the slowest growth since Q1 of 2009. Remember the 2008 mortgage crisis? Well, fortunately…