▶youtube BusinessReal Estate first seen 1 d ago, last 19 min ago, peak #7
China's Property Slump Overshadowed by Surging Yuan
Original: [Hardcore] China's Property Market Cut in Half: Why Is the RMB Surging Against the Trend? The Biz...
Chinese commentators are weighing how the country's property market has fallen roughly by half from its peak, even as the renminbi strengthens against other currencies. The debate centres on why the yuan is rallying despite the deep downturn in real estate, which has long been a pillar of China's economy. Observers are parsing capital flows, trade surpluses and policy signals for an explanation of the counterintuitive currency move.
Why now: The contrast between a collapsing property sector and a strengthening currency is puzzling analysts and investors watching China's economy.
ChinarenminbiChinese property market
Rank over time, top of the chart is #1. 26 snapshots from 1 d ago to 19 min ago.
Evidence
- [Hardcore] China's Property Market Cut in Half: Why Is the RMB Surging Against the Trend? The Biz... · VEXILLA潮時務所 · 64.7K
API: https://socialmediatrends-api.osmike.com/v1/trends/1548912