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<Research>JPM: Tariffs To Only Have Indirect & Moderate Impact on CN Property Mkt
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The US-China tariff tension has reached a new heights, with punitive tariffs exceeding 100% to put significant pressure on the export industry and related upstream and downstream sectors, JPMorgan released a research report saying. The impact on China's real estate market is expected to be indirect and moderate. China has introduced a number of relief measures, including support for sales of export goods in the domestic market and a trade-in subsidy program, etc., according to the report. Before the measures take effect, exporters whose business has been hit by tariffs may face short-term cash flow pressures. Therefore, the number of sales in the secondary real estate market may increase, but it is believed that it will not become a widespread phenomenon. AAStocks Financial News |
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