Global Property Guide

Financial Information for the Residential Property Buyer


Ec. Freedom 5 Years - China Compared to Asia

Footnote | Export Sort: Alphabetically | Ascending Rank | Descending Rank

Click name of country for detailed information
North Korea 391.67%
Philippines 14.90%
Uzbekistan 14.11%
China 12.12%
Malaysia 11.11%
Indonesia 9.82%
Nepal 9.78%
Georgia 9.49%
Tajikistan 8.93%
Kazakhstan 8.47%
Turkmenistan 8.14%
Laos 8.02%
Azerbaijan 7.98%
Timor-Leste 6.85%
Taiwan 6.41%
South Korea 6.24%
Bangladesh 3.35%
Cambodia 3.33%
Bhutan 3.26%
Vietnam 2.22%
Maldives 2.22%
Armenia 2.19%
Thailand 2.03%
Kyrgyztan 1.54%
Singapore 1.23%
Hong Kong -0.09%
Sri Lanka -1.55%
Macau -1.57%
Japan -2.82%
Pakistan -3.43%
India -3.59%
Mongolia -10.96%
 

China: Economic freedom index, 5-year change

Increased economic freedom is strongly associated with high GDP growth, and therefore with rises in residential property prices. Changes in a countrys score on the Heritage Foundations freedom index are calculated by the Global Property Guide to produce a 5-point rating:

  • Greatly Improved
  • Improved
  • Nuetral
  • Worse
  • Much Worse


Source: Calculated using figures from The Heritage Foundation and the Wall Street Journal


China has poor house price statistics. The National Bureau of Statistics of China (NBSC) has monthly house price time-series starting January 2011 but only until August of 2013. Another source of house price indices is eHomeday, Shanghai's largest property market web site, which has time-series for Shanghai, Nanjing, Hangzhou, Beijing, Yangzhou and Suzhou (but the site is only in Chinese, and no time-series are available). Colliers International publishes useful housing data in their quarterly property market reviews. General economics statistics are available from the NBSC and the People's Bank of China.