The current state of China’s property market still looks risky to investors.
Although the authorities continue to take measures aimed at curbing house prices, the most recent reportedly being a price cap on new house sales, Beijing's November land auction resulted in developers buying five land parcels at record-high prices.
New house prices across China’s 50 major cities rose in January on average for a 20th consecutive month, data from the National Bureau of Statistics of China shows, and there appears to be little let-up on the horizon. A Moody’s January 28 report expects property price increases across China’s 70 major cities in 2014, albeit...
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