Sep 24, 2022 02:56 AM

China Could Throw $501 Billion at the Real Estate Debacle

(Bloomberg) ― China has enough ammunition to salvage its beleaguered property sector as total bailout funds could reach 3.57 trillion yuan ($501 billion) with central government support, according to CLSA Ltd.

That’s far more than the funding gap of 700 billion yuan to 800 billion yuan for stalled projects, based on S&P Global estimates. At worst, the figure could reach as much as 2 trillion yuan, the company said.

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