THE risks exposed by China's real estate market have significantly eased off, and the market is seeking a new equilibrium, Pan Gongsheng, governor of the People's Bank of China, the country's central bank, said on Monday.
China's real estate market has witnessed almost three decades of robust growth and undergone a substantial transformation, and is currently seeking a new equilibrium, Pan said at the 18th Asian Financial Forum held in Hong Kong Special Administrative Region.
