Opinion: Bonds would help Beijing with property bubble
Beijing revealed that its GDP growth slowed in the second quarter, as its property measures took effect. But the authorities would do better to build more houses and encourage corporate and municipal bond investments to prevent another housing bubble.
Just days after asiamoney.com stated that China should heed the warnings of inflation the country revealed that both its economic growth and price rises were easing. So much for our prescience.While China’s GDP grew by an eye-wateringly high 11.1% in the first half, year-on-year expansion in the ...
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