Property News · December 27, 2018

How do Shanghai and Beijing defy China’s property slowdown?


Overseas investors’ surging investment in commercial properties in China’s top cities has helped Shanghai and Beijing defy the credit tightening and market slump to sustain their high transaction volumes this year, a trend that is expected to extend into 2019, according to property consultants.
Their share of Shanghai’s total 105 billion yuan (US$15.2 billion) in commercial property deals this year through December 10 had leapt to 61 per cent, up from 24 per cent in 2017, said…

Source : South China Morning Post
Read more…How do Shanghai and Beijing defy China’s property slowdown?

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