China's House Price Index declining, Shanghai - 16 Aug 2023
An aerial photo taken with a drone shows the general view of the city in Shanghai, China, 15 August 2023 (Issued 16 August 2023). China's House Price Index fell by 0.1 percent year-on-year in July 2023, marking the fifth month of decline due to the ongoing property crisis. New home prices also dropped by 0.2 percent on a monthly basis.