Caixin
Aug 31, 2022 06:01 PM
WEEKLY MUST-READ

Top Stories of the Month: Bailouts Multiply as Pressure Mounts to Stabilize China’s Housing Market

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China had to cope with old and new challenges in the past month amid a worsening real estate crisis and severe heat waves.

The housing market in the world’s second-largest economy weakened further amid shaken confidence, despite support from stakeholders ranging from financial regulators and local governments to banks and state-owned enterprises.

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