David Tingxuan Zhang is an analyst at Trivium China, a Beijing-based strategic advisory firm.
Opinion
China's long road from property speculation to psychological security
Evergrande defaulted four years ago; Beijing still can't reverse the downward spiral
A woman wears a forlorn expression inside a house in the Zhejiang prefectural town of Wuzhen. China has two policy levers it can pull, but neither would help much in alleviating the housing cost burden. © Reuters
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