Skip to content

Xinhua Calls on Governments at All Levels Stay Calm as China’s Housing Prices Continue to Fall

On March 19, 2014, Economic Information, a publication under Xinhua News Agency published an article calling on governments at all levels stay calm as China’s housing prices, from the Yangtze River Delta region to the first-tier cities nationwide, continue to fall. The downturn in housing prices will inevitably have a negative impact on China’s macro-economic growth and financial stability. According to the article, the impact of the “adjustment of property markets” is still under control.

Source: Economic Information, March 19, 2014
http://www.jjckb.cn/2014-03/19/content_496046.htm
http://news.xinhuanet.com/fortune/2014-03/19/c_119831357.htm