Chinese Urban Residential Construction to 2040
Leon Berkelmans () and
Hao Wang
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Hao Wang: Reserve Bank of Australia
RBA Research Discussion Papers from Reserve Bank of Australia
Abstract:
This paper projects Chinese urban residential construction out to 2040. The paper argues that the extraordinary growth of recent years will not continue, but that construction will stabilise at a high level. This augurs well for steel demand, especially as steel intensity is expected to increase. These projections are subject to upside and downside risks, which are discussed. In addition, this paper argues that official figures understate the extent of urban residential construction.
Keywords: China; residential construction (search for similar items in EconPapers)
JEL-codes: E22 R31 (search for similar items in EconPapers)
Date: 2012-09
New Economics Papers: this item is included in nep-mac, nep-tra and nep-ure
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Citations: View citations in EconPapers (16)
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Persistent link: https://EconPapers.repec.org/RePEc:rba:rbardp:rdp2012-04
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