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China's Reopening Economy

Patrick Boyle On Finance

00:00

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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