Despite a litany of support measures, China’s lingering property crisis impacted consumer confidence and weighed on the broader economy. This has led to calls for more aggressive stimulus amid fears of a deepening slowdown in the world’s second-largest economy.
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- LoamImprovement ( @LoamImprovement@beehaw.org ) 7•9 months ago
Yeah no shit, turns out speculative housing for the sole benefit of real estate investors is a bad fucking idea, who’d’ve thunk it?