2024-06-08 14:30:00 ET
Summary
- Key economic indicators are mixed in China and, in fact, were mostly weaker than expected last month.
- So, policymakers are now stepping up support for the property sector in particular.
- The increased aggressiveness of policy support has supported markets over the past month and showed further commitment towards growth stabilisation.
By Lynn Song
Weak confidence continued to drag growth
China saw a mixed bag in terms of data releases over the past month, but most indicators came in weaker than market forecasts....
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China Accelerates Policy Support Rollout Amid Mixed Data