| From Nationalpost.com: Signs of life are emerging in China’s moribund property sector. Authorities put the knife to property speculation last year by hiking interest rates and choking off loans to home buyers. Property developers were hung out to dry in an ill-timed move by authorities given the early signs of problems in the developed economies.
Authorities have been directing funds to the property sector in a 180 degree policy turn since last year, and early signs are encouraging.....Full Article: Source
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