Demand for China Property This Year Will Remain Robust, Says Citigroup’s Liu

The transcript discusses China's economic outlook, focusing on GDP growth, consumer spending, and property investment. It highlights robust retail sales and car sales due to discounts, and examines the role of property investment in driving fixed asset growth. The easing of financing constraints and policy adjustments in cities are noted as factors supporting property demand. The transcript also covers bank lending trends, mortgage rates, and the impact of the equity market's performance on the property sector, emphasizing the wealth effect and potential government actions to sustain growth.

What was the consensus call for GDP growth mentioned in the text?

How have car sales been affected according to the text?

What impact has the relaxation of purchase limits in cities had on property demand?

What factors are contributing to the robustness of China's property market?

What is the significance of the wealth effect mentioned in relation to the property market?