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20th May 2024 14:49China+Daily Monitor

  • Policymakers on Friday announced a raft of property support measures aimed at tackling oversupply...
  • ...But the funding allocated to buy up unsold housing inventory is just the start, and more will be needed.
  • In April, second-hand housing prices plunged at their steepest rate since September 2014.

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Keywords for: 21 May 2024 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence