Flash: Property remains high on list of Chinese risks - Danske Bank

FXStreet (Barcelona) - Jens Nærvig Pedersen, Analyst at Danske Bank comments that growth in property prices in the largest Chinese cities eased in February to the slowest pace since late 2012.

Key Quotes

“The property market remains high on the list of risks to China’s economy this year, highlighted by the collapse on Monday of local construction developer Zheijang Xingrun Real Estate Co. that does not have enough cash to pay its creditors including 15 banks.”