China’s vice premier says real estate has room for development: Experts don’t believe it

https://www.youtube.com/watch?v=8-RXKEHUNug

At the dialogue between the leaders of China and the EU on December 15, Chinese Vice Premier Liu He affirmed that real estate is a pillar sector of the Chinese economy. However, Chinese real estate has been in decline for many months. For example, Da Ji Yuan reported that sales of China’s top 100 real estate companies fell by 42.1% this year. ——————- #SpotlightOnChina #China #ChinaInsights