Editorial: How to Stabilize China’s Property Market to Keep Risks at Bay

Recently, China’s central and local governments have made a series of adjustments to their real estate policies, lowering mortgage requirements for some homebuyers and reducing interest rates on existing first-home loans. These measures are aimed at revitalizing real estate transactions in the short term, boosting market confidence and mitigating risks in this crucial industry. Of course, the overall effect of these new measures remains to be seen, and future policies should draw on lessons from the past.