Economic analyst Craig James on China’s economy

Global Business

Prices for existing homes in China rose in more cities. Analysts say the mild economic recovery is likely to continue in 2016.

CCTV America’s Michelle Makori spoke to Craig James. He’s a managing partner at Precision Advisors.

Economic analyst Craig James on China's economy

Prices for existing homes in China rose in more cities. Analysts say the mild economic recovery is likely to continue in 2016. CCTV America’s Michelle Makori spoke to Craig James. He’s a managing partner at Precision Advisors.

It’s expected that Beijing will unveil more measures to boost the economy. Leaders vowed to reduce home inventory as one of its key tasks in 2016.

Official data shows the number of unsold new homes in China increased 12 percent from a year earlier, as of November.

CCTV America