Monday, September 20, 2021
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China Goes Cold Turkey on Property


Beijing has determined it desires a German economic system: lots of high-tech manufacturing and exports, excessive financial savings—and undoubtedly no American-sized housing bubbles.

However China has lengthy been a property-centric economic system. Weak financial information for August launched Wednesday present simply how sophisticated any transition away from actual property could possibly be, as Beijing continues to mercilessly squeeze property developers.



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