Property, Covid-19 challenges to remain with China’s economic slowdown to continue in 2022



ChinaNovember 18, 2021

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Property Covid 19 challenges to remain with Chinas economic slowdown to

China’s economic growth is likely to deteriorate further next year as rising risks of a fallout from the property market and Beijing’s zero tolerance approach to the coronavirus could weigh on conditions in the coming months, analysts said.Recent outbreaks of the Delta variant have prompted travel restrictions and lockdowns in some cities in China, damping economic activities, while Beijing’s tough stance to deleverage the property sector, which contributes 14 per cent to China’s gross domestic…


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