
Home Prices Stabilize in Major Chinese Cities
Home prices in major Chinese cities stabilized in February, with a slight 0.1% month-on-month increase in first-tier cities.
News & Insights Across Asia
Home prices in major Chinese cities stabilized in February, with a slight 0.1% month-on-month increase in first-tier cities.
The Chinese mainland’s manufacturing PMI rebounded to 50.2 in February, indicating continued economic expansion as reported by the National Bureau of Statistics.
China’s manufacturing sector rebounded in February, with the Purchasing Managers’ Index (PMI) rising to 50.2, signaling a return to expansion.
China’s GDP grew by 4.6% in Q3 2024, signaling strong economic performance and boosting optimism towards meeting annual growth targets.
China’s CPI rose 0.5% year on year in July, signaling an inflation rebound driven by seasonal factors, according to NBS data.
China’s economic growth experienced a mild slowdown in July due to seasonal factors and extreme weather conditions, with the manufacturing PMI easing to 49.4, but optimism remains for future growth.
China’s major industrial firms reported a 3.5% year-on-year increase in profits for the first half of the year, reaching 3.51 trillion yuan ($484.1 billion), signaling steady economic recovery.
China’s CPI rose by 0.7% year-on-year in February, reversing a previous decline, while the PPI fell by 2.7%, according to the National Bureau of Statistics.