CHINA TOPIX

11/22/2024 10:00:51 am

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China property market

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UBS Says China's Economy Will Slow Down Over Next Two Years

The investment bank forecasts that the China's GDP growth will decelerate to 6.8 percent in 2015 and 6.5 percent in 2016.

Home prices in China slid in July from June as tight lending conditions dampen demand despite local governments easing of regulations.REUTERS/Aly Song

China Home Prices Continue Fall On Weak Demand

The downtrend in prices of new houses in China continued in July, with the effort of local governments to relax regulations insufficient counter the tighter mortgage lending conditions in the country, Bloomberg reported.

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