Beijing Signals More Stimulus For Slumping Property Market, But It's Just Not Enough
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Top state-run financial newspapers ran reports on Tuesday flagging the likely adoption of more property supportive policies. Read more at straitstimes.com.
Beijing has taken small steps towards supporting the real estate market and has hinted that more are coming, as the country’s economic recovery falters.
China's consumer prices stayed flat in June on a yearly basis, maintaining the markedly low inflation trend, while the factory-gate prices of bulk commodities fell further to a record low since 2016, latest official data showed.
With consumer price inflation at 0%, producer prices have seen their fastest plunge in seven years