Property News · January 29, 2019

China waves off speculation it will send in cavalry for shaky property market


China’s central and local officials have a message for the all-important property market: don’t expect the cavalry.
During these rocky times for the sector, “stability” is en vogue.
On January 21, President Xi Jinping told provincial heads to enact a “long-term mechanism” to ensure the healthy development of the property market. Since mid-January, provincial leaders have moved in line to pledge “stability” in their respective local markets this…

Source : South China Morning Post
Read more…China waves off speculation it will send in cavalry for shaky property market

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