Chinese property stimulus fails Australia

Advertisement

As China’s property sector continues to deteriorate with each passing day, reports of renewed stimulus for the sector emerge every few months from the Chinese press or policymakers.

Each time it’s like watching an infomercial on daytime television:

“It’s new. It’s improved. It’s better than ever.”

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe