Spending growth has languished below GDP growth every year since 2021, as the housing slump slashed ... Tokyo’s before its ...

As things stand, China's housing downturn that began in mid-2021 still has no end in sight, according to Goldman Sachs. Housing starts and new home sales in the country have dropped 64% and 52% ...

Prior research has shown that by 2021, approximately 17 ... solely due to the unoccupied housing units, which they note represent approximately 6.9% of China's total residential emissions.