China’s – Property Support Measures – Disappoint Experts – What Went Wrong?
Beijing, China – The Chinese government recently announced measures to support the struggling property sector in an effort to alleviate the ongoing housing crisis. With analysts expressing doubts about the adequacy of the support package, concerns linger about the effectiveness of China’s intervention in stabilizing the housing market. The pledge of $42 billion in support measures by China comes at a time when the housing sector is facing significant challenges. Experts warn that the current …