Politburo Proposals Spark Optimism in China's Troubled Property Market – The Diplomat
Despite positive market reactions, true recovery awaits deep fiscal and tax reforms anticipated at the upcoming Third Plenum.
Source: thediplomat.com
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Despite positive market reactions, true recovery awaits deep fiscal and tax reforms anticipated at the upcoming Third Plenum.
The absence of the Third Plenum is consequential and dangerous for China; it both reflects a notable divide within the CCP and causes greater political instability.