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China to loosen policy as property markets cool

Posted on 06 October 2011

China may reverse its tightening policy in coming weeks as it attempts to cushion the property market from a hard landing, say analysts.
Real estate prices for the most part have remained buoyant, and there’s little evidence that a major slump is underway. But a number of bankruptcies among small and medium-sized companies could be flashing warning signs of growing credit distress and that has Beijing worried……………………………………….Full Article: Source


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