Against the backdrop of a strengthening economy, confidence in the prospects of China’s crucial real estate sector has also been heating up recently. But digging a little deeper in this China Watch we find that the underpinnings of a strong real estate rebound are simply not there. We also preview the coming month’s data releases: the key question, particularly in the wakes of today’s PMI, is whether the economic rebound has remained strong to the end of the third quarter.
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