Reports indicate that Chinese property market prices rose more in August than they have in the last six years. New-home prices increased in 64 of 70 cities, marking a 9.2% increase year-on-year. In Shanghai and Beijing,… more
Government financial reforms could ease local government debt fears
In late June, China’s politburo agreed to fiscal and taxation reforms that were outlined
at last year’s Third Plenum, setting a deadline for implementation at… more
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