China Steps Up Housing Support

China has been supporting property purchases by certain buyers to meet genuine rather than speculative demand in the past few months to stimulate consumption and ease credit to stave off a hard landing.

Topics:  china   support   
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    Asked what else the PBOC could do apart from cutting rates, some respondents said it could lend directly to select banks, expand its medium-term lending facility and take more steps to aid the real economy. Economists also said China's housing market ...
    08/28/2015 - 12:09 am | View Link
  • US economy surged at 3.7 percent rate in April-June
    "If we get a bigger decline of 20 percent, then that will hurt consumption and housing, and we will not get the job growth ... Beijing has devalued its currency and taken other steps to address a major slowdown in its economy, the world's second-largest.
    08/27/2015 - 10:07 am | View Link
  • Nobel Laureate Robert Shiller says human nature, not China, explains market volatility
    Shiller, a Sterling Professor of Economics at Yale University, predicted the most recent housing bubble burst and developed the ... It may go on in a number of steps down, interrupted by upswings. I would say that a speculative bubble rises upon investor ...
    08/26/2015 - 12:20 am | View Link
  • Factbox: China home price poll in August 2015
    5. Do you think the government will take more steps to aid the housing market this year? Of 13 respondents, six said yes. 6. On a scale of 1 to 10, where 1 is extremely undervalued, 5 is fairly valued and 10 is extremely overvalued, what best describes ...
    08/25/2015 - 9:46 pm | View Link
  • Global Stock Rout Continues on China Worries
    Some investors were disappointed that China's government had not taken fresh steps to ease the stock market losses ... Simonson, an expert on the U.S housing market, says construction is one of many areas of strength in the U.S. economy.
    08/25/2015 - 2:56 am | View Link
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