Marshall Auerback — Chinese Authorities Move To Counter Softer Conditions

As well, an internal meeting at China Vanke discussing the real estate downside was leaked and hit confidence. Salient points were that tougher anti-corruption enforcement was impeding business, some regions have clearly excess inventory, and bank lending conditions have toughened up.

In the US, we call that "regulation."

Macrobits by Marshall Auerback
Chinese Authorities Move To Counter Softer Conditions
Marshall Auerback