September 29, 2023

BEIJING — The last three months of the year are set to bring more clarity on China's economic outlook and any government support — especially for the critical real estate sector.

China's rebound this year from Covid-19 has slowed since April. Then over the summer, the property slump accelerated, despite many large cities easing restrictions for buying apartments.

"Gradually, the central government is going to loosen up on the supply side, too," Yao Yang, dean of the National School of Development at Peking University, told reporters in a briefing Wednesday.

Read more:

https://www.cnbc.com/2023/09/29/can-chinas-economy-reverse-a-sluggish-2023-in-the-last-quarter.html