Chinese property green shoots turn brown

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Goldman with the note.


On May 23, we hosted an expert call with Mr. Zhang Bo, Director of 58 Anjuke Institute (China’s largest on-line real estate platform, according to iResearch), to share insights on the latest policy impact from the easing package announced on May 17 as well as his outlook for incremental policy relaxation and market stabilization potential.

Takeaways from the expert call include:

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.