China rule changes may help property market, not wider economy

Still spooked by Beijing's deleveraging push, consumers are not spending

2023-09-03 CHINA-PROPERTY-DEBT.JPG

China's property developers must be supported to complete their projects so as to mitigate bank risks, some analysts believe. © Reuters

CK TAN, Nikkei staff writer

SHANGHAI -- China's recent policy measures aimed at stabilizing the property sector will likely generate demand, but not enough to boost growth in the real economy, according to analysts.

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