Slack real estate business takes toll on China's economy

Slack real estate business takes toll on China's economy

BEIJING, China - A worker takes a break at a condominium complex construction site in Beijing on Oct. 13, 2014. Sluggish real estate business is viewed as a major culprit behind China's economic slowdown to a relatively low year-on-year growth rate of 7.3% in the July-September quarter.

  • Product Code
  • ILEA001208815
  • Registered date
  • 2014/10/21 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2014 Kyodo News
  • Media size
  • 3968 × 2740 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 1.05(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos
    China GDP grows real 4.6% in 3rd qtr

    China GDP grows real 4.6% in 3rd qtr

    A spokesman for China's National Bureau of Statistics attends a press conference in Beijing on Oct. 18, 2024, following the release of the country's gross domestic product data for the July-September quarter. China's economy in the third quarter grew a real 4.6 percent from a year earlier, with the pace of expansion slowing from the previous quarter amid a continued property sector crisis and weak spending.
      China GDP grows real 4.6% in 3rd qtr

      China GDP grows real 4.6% in 3rd qtr

      A spokesman for China's National Bureau of Statistics attends a press conference in Beijing on Oct. 18, 2024, following the release of the country's gross domestic product data for the July-September quarter. China's economy in the third quarter grew a real 4.6 percent from a year earlier, marking the slowest expansion since the first three months of 2023.
        China GDP grows real 4.6% in 3rd qtr

        China GDP grows real 4.6% in 3rd qtr

        A spokesman for China's National Bureau of Statistics attends a press conference in Beijing on Oct. 18, 2024, following the release of the country's gross domestic product data for the July-September quarter. China's economy in the third quarter grew a real 4.6 percent from a year earlier, with the pace of expansion slowing from the previous quarter amid a continued property sector crisis and weak spending.
          Indonesia Economy

          Indonesia Economy

          People are walking in the business district during rush hours in Jakarta, Indonesia, on July 19, 2024. President-elect Prabowo Subianto is expressing optimism about achieving 8% economic growth, even placing a friendly bet with ministers from neighboring countries on his success. This ambitious target is coming after Joko Widodo or Jokowi, the outgoing president, promised a 7% growth rate during his 2014 campaign. However, Jokowi's administration is ultimately delivering an average growth of around 5% per year. (Photo by Afriadi Hikmal/NurPhoto)
            Indonesia Economy

            Indonesia Economy

            People are walking in the business district during rush hours in Jakarta, Indonesia, on July 19, 2024. President-elect Prabowo Subianto is expressing optimism about achieving 8% economic growth, even placing a friendly bet with ministers from neighboring countries on his success. This ambitious target is coming after Joko Widodo or Jokowi, the outgoing president, promised a 7% growth rate during his 2014 campaign. However, Jokowi's administration is ultimately delivering an average growth of around 5% per year. (Photo by Afriadi Hikmal/NurPhoto)
              Indonesia Economy

              Indonesia Economy

              People are walking in the business district during rush hours in Jakarta, Indonesia, on July 19, 2024. President-elect Prabowo Subianto is expressing optimism about achieving 8% economic growth, even placing a friendly bet with ministers from neighboring countries on his success. This ambitious target is coming after Joko Widodo or Jokowi, the outgoing president, promised a 7% growth rate during his 2014 campaign. However, Jokowi's administration is ultimately delivering an average growth of around 5% per year. (Photo by Afriadi Hikmal/NurPhoto)
                Indonesia Economy

                Indonesia Economy

                People are walking in the business district during rush hours in Jakarta, Indonesia, on July 19, 2024. President-elect Prabowo Subianto is expressing optimism about achieving 8% economic growth, even placing a friendly bet with ministers from neighboring countries on his success. This ambitious target is coming after Joko Widodo or Jokowi, the outgoing president, promised a 7% growth rate during his 2014 campaign. However, Jokowi's administration is ultimately delivering an average growth of around 5% per year. (Photo by Afriadi Hikmal/NurPhoto)
                  Indonesia Economy

                  Indonesia Economy

                  People are walking in the business district during rush hours in Jakarta, Indonesia, on July 19, 2024. President-elect Prabowo Subianto is expressing optimism about achieving 8% economic growth, even placing a friendly bet with ministers from neighboring countries on his success. This ambitious target is coming after Joko Widodo or Jokowi, the outgoing president, promised a 7% growth rate during his 2014 campaign. However, Jokowi's administration is ultimately delivering an average growth of around 5% per year. (Photo by Afriadi Hikmal/NurPhoto)
                    Indonesia Economy

                    Indonesia Economy

                    People are walking in the business district during rush hours in Jakarta, Indonesia, on July 19, 2024. President-elect Prabowo Subianto is expressing optimism about achieving 8% economic growth, even placing a friendly bet with ministers from neighboring countries on his success. This ambitious target is coming after Joko Widodo or Jokowi, the outgoing president, promised a 7% growth rate during his 2014 campaign. However, Jokowi's administration is ultimately delivering an average growth of around 5% per year. (Photo by Afriadi Hikmal/NurPhoto)
                      Poland Recorded High Increase In House Prices

                      Poland Recorded High Increase In House Prices

                      A couple walks by a newly built housing estate in the northern part of Krakow, Poland on July 12, 2024. According to Eurostat Poland recorded one of the EU's largest increases in house prices in the first quarter of 2024. Real estate prices went up 10.9 per cent compared to the same period last year. Poland is on the top of the ranking, as many European countries recorded a drop in prices. (Photo by Dominika Zarzycka/NurPhoto)