Gordon Chang has a bit of monomania where the CCP is concerned, but if you've read my other articles on what's unfolding in China, you'll understand that I feel confident that I can back my view up with hard data.
I should also point out that "Sixth Tone" presents itself as a Chinese online publication. The report on the hukou repeal and …
Gordon Chang has a bit of monomania where the CCP is concerned, but if you've read my other articles on what's unfolding in China, you'll understand that I feel confident that I can back my view up with hard data.
I should also point out that "Sixth Tone" presents itself as a Chinese online publication. The report on the hukou repeal and the motivation behind it as being to goose real estate sales is theirs--but the actual policy proposal by the Zhengzhou government is real. No doubt there is bias (that is a given with all media), but the facts are still there.
With the yuan sliding to two-year lows, and with Beijing retreating from the "Three Red Lines" deleveraging initiative, yes, China is employing a wide range of stimulus measures to reinflate the housing bubble. All is far from well in the Middle Kingdom.
Gordon Chang has a bit of monomania where the CCP is concerned, but if you've read my other articles on what's unfolding in China, you'll understand that I feel confident that I can back my view up with hard data.
I should also point out that "Sixth Tone" presents itself as a Chinese online publication. The report on the hukou repeal and the motivation behind it as being to goose real estate sales is theirs--but the actual policy proposal by the Zhengzhou government is real. No doubt there is bias (that is a given with all media), but the facts are still there.
With the yuan sliding to two-year lows, and with Beijing retreating from the "Three Red Lines" deleveraging initiative, yes, China is employing a wide range of stimulus measures to reinflate the housing bubble. All is far from well in the Middle Kingdom.