China’s fragile property market underscored by hesitant buyers

Despite a slew of measures to boost demand and the end of zero-Covid, Chinese residents remain reluctant to commit their savings to a sector that’s seen its worst downturn. — Bloomberg

CHINA property buyers are back on the hunt, but not quite ready to invest, underscoring the tenuous state of the country’s real estate market.

Despite a slew of measures to boost demand and the end of zero-Covid, Chinese residents remain reluctant to commit their savings to a sector that’s seen its worst downturn.