Bloomberg News

Moody’s Sees ‘Limited’ Room for Chinese Property Price Decline

November 07, 2011

Nov. 8 (Bloomberg) -- There is “limited” room for Chinese property prices to fall in the next 18 months and the industry isn’t likely to cause major damage to the economy, Yvonne Zhang, a vice president and senior analyst for financial institutions at Moody’s Investors Service, said at a conference in Beijing today.

To contact the reporter on this story: Bloomberg News in Beijing at vruan1@bloomberg.net

To contact the editor responsible for this story: Nathaniel Espino at nespino@bloomberg.net


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