Caixin
Nov 30, 2022 05:00 PM
ECONOMY

Cover Story: China’s Housing Recovery Will Require Rebooting the Economy (Part 3)

Photo: VCG
Photo: VCG

Reversing China’s real estate downturn will require broader efforts than just financing support and will depend more heavily on an overall economic recovery from China’s stringent pandemic controls, experts said.

China’s multitrillion-dollar property industry is adapting to a new normal after decades of highly leveraged, rapid expansion, posing new challenges for regulators.

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