housing market
Goldman Sachs Expresses Concern About Chinese Housing Market and Metals
| S. Rina | | Oct 05, 2016 05:16 PM EDT |
Goldman Sachs, in its latest report, has raised apprehensions about the future course of China's housing market. The report discussed the impact of a downturn on the country's housing market on its metals sector. The bank cited possible overcapacity in China's housing market as a cause of concern.
Housing Market is the Biggest Cash Cow of Chinese Government
| S Satapathy | | Apr 07, 2016 12:35 PM EDT |
In China, real estate is responsible for 15 percent of the country's gross domestic product (GDP), 15 percent of fixed asset investment, 15 percent of urban employment, and 20 percent of all bank loans, according to the International Monetary Fund (IMF).
Labor Dispute In China Leads To Death Of Foreman
| Kat De Guzman | | Feb 06, 2015 01:10 AM EST |
A construction foreman has died last week in a labor dispute, bringing more focus into the labor conflicts all over China, especially in the property and construction sectors.
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