11
Apr
10:10
Financial products hijack Chinese real estate
China’s real estate sector will likely be less steel intensive in the coming years despite one or two growth sectors, says Hu Andong, vice secretary general of the China Real Estate Association. Current price spikes in tier one cities, meanwhile, are due to hot money from financial investments, not real demand that can support steel consumption, he adds.
Current optimism about the real estate market in tier one cities like Shanghai, Beijing and Shenzhen ma…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous