New World Investment Research

Real estate has become a real burden for China’s economy. It negatively affect country’s GDP growth by about 1-3 percentage points.

China is tackling its real estate crisis with a set of coordinated strategy. The focus is on clearing excess housing supply by turning unsold units into affordable and social housing, restoring buyer confidence through tighter oversight of developers and guarantees that projects will be completed, and moving away from pre-sales toward selling finished homes.