14
Nov
11:06
CICC predicts ‘recession’ as real estate slowdown deepens
Chinese real estate data released Wednesday continued to hint at a deeper downturn to come in 2019. China International Capital Corporation (CICC) meanwhile has forecast “a year of recession” in real estate in 2019, Kallanish notes.
Completed real estate investment was up 9.7% year-on-year at CNY 9.93 trillion ($1.43 trillion) over January-October, according to the National Bureau of Statistics (NBS). That implied a 7.68% increase y-o-y in October it…
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Anonymous
Very good overview of the weekly steel market.
Anonymous