Summary | For now, strong sales momentum has continued into May
according to high-frequency data.Property construction and
investment remained anemic, however.Completions fell back into
double-digit contraction as well.Hence new starts will contract
by another 10-15 percent in 2015, despite stabilizing sales.As
such, we still see property posing big downside pressures on ...
en.ce.cn | 30 May 2015