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A resilient domestic economy and US debt fears could see the Chinese currency appreciate further, analysts say.
Home prices in China have fallen 20% over four years and could decline another 10% before bottoming out in 2027.
Investors are also sceptical that the government’s incremental policy easing will be sufficient, the US investment bank says.
Factory activity and construction had their strongest month of the second quarter in June, according to China’s official ...
Chinese President Xi Jinping on Tuesday stressed efforts to advance the building of a unified national market and promote the ...
Goldman Sachs analysts remain bullish about Chinese stocks, as the Yuan continues to strengthen at the back of US dollar ...
China's factory activity returned to expansion in June, supported by an increase in new orders that lifted production, a ...
Banking giant Goldman Sachs is reportedly turning bullish on ten China-based companies. Goldman Sachs says in a note to ...
China's property sector, which accounted for roughly a quarter of economic activity at its peak, entered a prolonged slump in ...
"China's property market values 600 trillion yuan [$83.5 billion]," Xing said. "A 10-percent price fall means 60-trillion-yuan loss to households. The negative wealth effect will curb consumption and ...
Goldman Sachs forecasts that China's new home demand will significantly remain under the 2017 peak, indicating a prolonged property slump amidst a shift in the market dynamics and government policies.
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