Logo 17 Nov 2022

Deep Dive | Beijing’s property support measures: Triage, not stimulus

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Since Friday, China's central bank (PBoC) and banking regulator (CBIRC) have issued a wave of measures – reported widely in the local and foreign press – designed to bolster support for the property sector.
Reporting has been buoyant, bordering on jubilant.

In some quarters, the measures have been ...