Moody’s has revised the outlook for China’s property sector from stable to negative, signaling possible challenges ahead. The credit rating agency anticipates a decline of approximately 5% in contracted sales over the next six to 12 months. This change in outlook comes amidst the Chinese government’s efforts to stimulate property purchases through various measures. However, Moody’s believes that these measures will only have a temporary and uneven impact on the market. The uncertain economic environment and the ongoing trade tensions continue to pose risks to the Chinese property sector. This downgrade in outlook by Moody’s further highlights the challenges faced by the industry in the near future.