China: Housing market perks up in January, but uptick could be short-lived
House prices in 70 large- and medium-sized cities increased 0.3% in January in month-on-month terms according to a weighted average index calculated by Refinitiv from data issued by the National Bureau of Statistics (NBS). The print was up from December’s 0.1% reading. Tier-1 cities such as Beijing, Shanghai, and Guangzhou led the overall increase…