Beijing Throws a Lifeline to Beleaguered Real Estate Developers

cc Flickr Ben, modified,

A question has dominated China policy circles over the past few months: How close to the brink can the Chinese economy get before President Xi, now safely installed for a third term, reverses course on his landmark policies of zero-COVID and reigning in the debt-fueled excesses of the property sector?

With a new rollout of supportive policy measures earlier this week, we apparently have an answer.

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