Five groups who will take the first hit of yuan depreciation
(chinadaily.com.cn) Updated: 2016-01-11 07:142 Real estate investors
The past nine years have witnessed the appreciation of yuan as well as the price hike of real estate market in China. Some worry that the depreciation of yuan will cause the pull-out of capitals in real estate, especially the capital that flew from overseas in early years.
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Homebuyers look at housing models at the sales center of a residential property project in Yichang city, central China's Hubei province on Nov 14, 2015. [Photo/IC] |
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