3min chapter

Patrick Boyle On Finance cover image

China's Reopening Economy

Patrick Boyle On Finance

CHAPTER

China's Real Estate Crisis Is Still an Ongoing Problem

Chinese policymakers are rolling back the three redlines policy that burst the Chinese property bubble back in 2021. Beijing has unveiled a 16-point plan to ease the credit crunch, but numbers still paint a gloomy picture. The measures announced so far are not sufficient to drive a turnaround, but policymakers have signaled that more support is on its way.

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