Will China’s easing of property curbs in 3 big cities help boost consumption?

Source: China – South China Morning PostWith China’s three most economically important cities recently rolling out policies to address renewed weakness in the property sector, analysts say stabilising the industry would be significant in terms of boosting consumer sentiment, but that no quick market rebound should be expected.
After Beijing, north China’s biggest population centre, lifted purchase limits outside its Fifth Ring Road and eased housing fund rules in early August, Shanghai and Shenzhen followed suit with similar policies…Read More

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