Press conference coming up later in the day by China's housing and financial regulators regarding policies to ensure housing delivery.I haven't a time or further details on this. Related to this perhaps:China's government is considering buying unsold homes to ease oversupplyThis should be a positive for the China trade (property sector is already surging). And there is other green shoot data from China, for industry if not retail:China April March Industrial output +6.7%y/y (expected +5.5%) Retail sales +2.3%(3.8% exp)And some not so green shoot:China April new house prices -0.6% m/m (prior -0.3%) This article was written by Eamonn Sheridan at www.forexlive.com.
Hence then, the article about there will be press conference in china later today re policies to ensure housing delivery was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( There will be press conference in China later today re policies to ensure housing delivery )