Property construction still rising - but so is caution
By Hu Yuanyuan | China Daily | Updated: 2014-02-07 07:28
Chinese developers are still continuing to build, but sentiment has deteriorated because of tighter financing and policy uncertainty, research from Standard Chartered showed.
The latest Standard Chartered Developers Sentiment Index has moderated from its mid-2013 peak but still looks good, experts say.
"This indicates a still-growing market that has lost some of the momentum of the first half of 2013," said Stephen Green, an economist with Standard Chartered.
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