Ec. Freedom 5 Years - China Compared to Asia

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

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.