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There are numerous existing narratives on China’s economy, most offering views on where it is headed, and whether a soft or a hard landing is looming. Over the recent years, various concerns with China’s economy have been touted as the straw that would finally break the camel’s back and lead to a financial implosion, which would have wide-ranging global impacts.

The total return on ungeared direct property investments was 8.7% in the year to end October 2015.

The GPR/APREA Composite Index increased by 0.84% in March 2017. The Composite REIT Index slipped by 0.32% over the same period. Asia Pacific (APAC) equities grew by 1.77%, while the APAC bonds market expanded by 0.89%.

Notwithstanding the demonetisation of high-value currency notes in November 2016, the economy recovered faster than expected and early projections suggest a growth of 7.1% in the fiscal year ending March 2017.