21 July 2025 China Economic Comment China Weekly: Forecast upgrade, sliding home sales, Politburo meeting ab Global Research High frequency: sliding home sales, better port activities in H1 July 30-city property sales declined further to -26% YoY in the first 19 days of July from - 8% YoY in June. That in tier 1/2 cities both slid sharply to -30%/-27%, while tier 3 cities stayed weak around -17% YoY. Steel production stayed weak at -4% YoY in the first 10 days of July from -5% YoY in June. Port cargo throug ...