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The ongoing slowdown in China's economic growth is hitting the country's domestic architecture market, with many foreign companies now opting to reduce their operations in the Middle Kingdom. Despite a boom in building projects and property developments since the turn of the decade, fuelled significantly by Beijing's efforts to prop up the economy amidst trying international conditions, growth in China's construction and real estate markets is now beginning to ease.

Constructions fell by 16 per cent in the first half compared to the same period last year. While home prices and sales saw a modest uptick in major cities during the second quarter, many developers remain wary about starting work on new projects due to a potential oversupply of both residential and commercial property.......Continue Reading

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