Will China rescue property again?

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If it tries, it will fail. But will it try? From Goldman:

Qiushi article on the property market: On January 1, Qiushi magazine (the official theoretical journal of the Chinese Communist Party) published an article titled “Improve and Stabilize Expectations in the Property Market,” which emphasized the importance of the real estate sector in the economy and called for more forceful, rather than piecemeal, policy easing (政策要一次性给足).

Many investors ask us whether this implies significant property easing is in the making.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.