Moody’s: Revenues in China will continue rising due to stabilization in real estate market

By FXStreet The US ratings agency, Moody’s, published their latest review on China this Monday.

Key Headlines:

Revenues will continue rising in coming quarters because of the stabilization in China’s real estate market and macro economy

China’s regional and local govt’s fiscal and economic positions will improve through 2016

Real estate markets are stabilizing because regulatory measures have broadly facilitated property purchases, eased mortgage terms

Land price inflation strengthened in most large cities during Q1 2016, and the price of newly developed residential properties continued to rise, especially in first-tier cities.

In Q1 2016, 22 of 31 provinces reported increases in new residential and commercial real estate construction on a year-on-year basis.

Industrial production growth accelerated in seven provinces, while growth in fixed asset investment increased in 11 provinces.
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Source:: FX Street