China Wants to Invent Property ‘Swish’ Again, BofA Says

China Wants to Invent Property ‘Swish’ Again, BofA Says

BofA Securities strategist Winnie Wu says Beijing wishes to create the nation’s property sector “excellent once more” since other folks will now not be going to “aquire a depreciating asset.” She says improving self belief in the right kind estate market would require “a kit of policies.” On Friday, government statistics showed that China’s dwelling costs fell at a faster run in April amid efforts by policymakers to form out the property crisis.
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