- In the past, the Chinese government looked to real estate to stimulate growth.
- But now, Beijing is trying to stop the risks of high housing prices from spilling over into the rest of the economy.
- That leaves authorities with the option of infrastructure spending, which will add even more debt to an already leveraged system.
OTHER NEWS
China formalized the easing of foreign investment restrictions on a range of industries from banking to agriculture, against the backdrop of an escalating trade dispute with the U.S. China’s National Development and Reform Commission on Thursday published an updated version of its so-called negative list, which outlines industries where foreign investment is limited or banned. Among the changes, many of […]
https://www.cnbc.com/2019/03/08/china-supports-huawei-lawsuit-against-us.html https://www.cnbc.com/2019/03/08/us-tech-firms-fear-china-could-be-spying-through-power-cords-report.html
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