PBOC Survey: A majority of households believed housing prices unacceptably high in Q1
|Latest survey from the Chinese central bank, PBOC, showed that the business confidence index rose in the first quarter 2017 versus Q4 2016.
Key findings from the survey:
52.2% of households believed housing prices unacceptably high in Q1
20.3% of bankers believe monetary policy was relatively tight in Q1
27.2% of households expect house prices to rise in Q2
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