Recovering China real estate market good for government

Global Business

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The property market in China continues to warm up, with more cities in the country beginning to see growth in home prices. This has in turn driven up the government’s fiscal revenues. CCTV’s Dong Yiling took a closer from Shanghai.

Recovering property sales boost Chinese government revenue

Recovering property sales boost Chinese government revenue

The property market in China continues to warm up, with more cities in the country beginning to see growth in home prices. This has in turn driven up the government's fiscal revenues.


Susan Wachter of Wharton School on China’s property market
For more insights into China real estate, CCTV’s Michelle Makori spoke to Susan Wachter, finance Professor of The Wharton School at the University of Pennsylvania.

Susan Wachter of Wharton School on China\'s property market

Susan Wachter of Wharton School on China\'s property market

For more insights into China's property market, CCTV's Michelle Makori spoke to Susan Wachter, finance Professor of The Wharton School at the University of Pennsylvania.