Why China won’t bail out its real estate sector


Many Chinese developers have halted or delayed construction on presold homes due to cash flow problems. Pictured here is a property construction site in Jiangsu province, China, on Oct. 17, 2022.Future Publishing | Future Publishing | Getty ImagesBEIJING — China’s central government is not likely to spend billions to save the struggling real estate sector,…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Products You May Like

Articles You May Like

US Stocks Open Lower Ahead Of Data On Consumers, Pricing
The Federal Reserve’s War on Inflation Could Spark a ‘Hard Landing’
Virginia’s Urban Wood Program ensures unwanted trees get a second life
Limited supply keeps lumber prices higher
How to solve the unsolvable softwood lumber dispute