2024-06-06 14:20:00 ET
Summary
- China’s post-COVID recovery has been plagued by deflationary pressures and short-lived expectations.
- China’s property market rescue package is focused more on risk management than engineering another property boom.
- The rescue package is a step toward stabilizing China’s property market, but its success hinges on overcoming significant challenges and reviving households’ confidence for home purchases.
By Tracy Chen, CFA, CAIA ...
Read the full article on Seeking Alpha
For further details see:
Moving Unsold Mountains: Is China's Property Rescue Plan A Game Changer?