15
Dec
13:18
Chinese property developers lower November investment, boost sales
In November, before the zero-Covid policy shift, Chinese real estate enterprises began to reduce investment due to a negative outlook. However, sales and completions remained focused as developers wanted to guarantee cash flow next year and did not want to be left behind by the government’s rescue efforts, Kallanish observes.
Chinese companies invested a total of CNY 12.386 trillion ($1.78 trillion) in the industry in the first 11 months of 2022, down 9.8% y…
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Anonymous
Very good overview of the weekly steel market.
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