Mid-2017 survey shows signs of sluggishness We conducted our semi-annual proprietary China developer survey across nine cities in mid-2017.The CDSI reading in our latest sur vey dropped to 52.8 as of July 2017 from 58.4 as of February 2017.Four of the five sub-indices—construction,hous-ing sales,developers’financing and pol-icy outlook—fell,while housing prices picked up.This suggests that developers’
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