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Xi Jinping relies on China’s old playbook to ease property blues – The Australian Financial Review

Chinese policymakers have enlisted the help of an array of state-owned entities as real estate sector woes threaten to spill…

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At the same time, however, encouraging state-owned firms to take over some of the projects of ailing private sector developers helps reduce the risk that Chinas property market woes will trigger a sharp slowdown in the worlds second-largest economy.
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