China’s use of mini-stimulus packages for the country’s declining housing market is a risky strategy according to Societe Generale.
China’s use of mini-stimulus packages for the country’s declining housing market is a risky strategy according to Societe Generale. Its report says that rather than boosting the market the targeted stimulus has made the sector vulnerable. It says that there has been a steadying of consumer credit rather than a boost and that will mean the housing market will continue to slide. Read the full story.
