China Property Investment Down 9.8% in April - Economic Impact and Need for Policy Response
Friday, 17 May 2024, 02:00
China Property Investment Decline
The property investment in China plummeted by 9.8 per cent in the first four months of this year, raising concerns about the overall economic health.
April Economic Activities
On the other hand, retail sales demonstrated a modest rise of 2.3 per cent in April from the previous year, providing some relief amidst economic uncertainties.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.