China Home Sales Slump to Deepen Despite Stimulus, Fitch Says
China’s multi-year property crisis is set to drag on in 2026 and further weigh on banks’ asset quality, even after the government stepped up its stimulus push to boost demand,...
By Charlie Zhu, Emma Dong, Amanda Wang · Bloomberg
China’s multi-year property crisis is set to drag on in 2026 and further weigh on banks’ asset quality, even after the government stepped up its stimulus push to boost demand, according to Fitch Ratings.