Home » Business » Real Estate
Developers face rising competition
Print Edition
REAL estate developers in China are facing increasing competition this year as regulatory controls will continue to be strictly enforced, which are likely to slow sales growth, Moody’s Investors Service said in a report released yesterday.
The measures to curb rapidly rising property prices in major cities will remain tight or become even tighter in 2017, while policies in lower-tier cities where inventory is high will remain accommodative, according to Moody’s.
The ratings agency made its conclusion after the central government’s latest reiteration during the National People’s Congress that it would execute differentiated policies in the property sector, and fine-tune measures in cities where property prices are rising rapidly.
The latest round of restrictive measures introduced since late September has eased the growth in property prices in first-tier cities in recent months.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
