Local authorities in China appear to be becoming more adept at bringing Covid outbreaks under control with relatively little disruption to economic activity. Meanwhile, this week’s easing of land auction rules is the latest in a series of moves to support China’s struggling property sector. We think home sales are on the cusp of a rebound. But it will take much longer for developers to start ramping up construction again.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services