Summary | "Recent measures like lowering down payment will do
little to turn the tide.”The government has initiated a number
of measures to destock the pile-up."But the bubble is in the
wider third- and fourth- tier cities.What will the local
governments and developers do there?”or 17.1 per cent of
China's gross domestic product.A failure in destocking will ...
little to turn the tide.”The government has initiated a number
of measures to destock the pile-up."But the bubble is in the
wider third- and fourth- tier cities.What will the local
governments and developers do there?”or 17.1 per cent of
China's gross domestic product.A failure in destocking will ...
scmp.com | 03 February 2016