Wuhan housing policy move is telling sign of China steel slump since Lunar New Year holiday

The city of Wuhan, took a radical approach to national housing policy this week in a bid to stimulate the market - a move that sources described as a telling sign of a slump in the country's steel industry.

A major city in central China's Hubei province, Wuhan is now allowing families to buy additional houses, in stark contrast to the strict rules put in place in many other...


Paul Lim

Zihuan Pan

Olivia Zhang

February 08, 2023

13:48 GMT

Singapore, Shanghai