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Macau: Gov’t considering new measures to cool property market

Posted on 08 October 2012

The government has warned of further inflationary pressure and the formation of a property bubble due to the US’s launching of its third round of quantitative easing (QE3), and disclosed that the authority is studying new measures to counteract rises in food and property prices.
Three weeks after the US announced its QE3 intended to stimulate the property market and consumer spending, the Macau SAR Policy Research Office released a report analyzing QE3’s possible impacts on Macau’s economy and the viable countermeasures………………………………………..Full Article: Source


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