I’m Malcolm Scott, senior business editor in Sydney. Today we look at the Chinese government’s increasing efforts to slow the struggling real estate sector. Send us feedback and tips to [email protected] or contact us on X (formerly known as Twitter) via @economics. And if you haven’t signed up for the newsletter yet, you can do so here.
(Note: Economics Daily will be on hiatus November 23-24.)
China’s leadership appears to have concluded that there is a greater threat out there than the moral hazard created by bailing out struggling developers: a systemic collapse that drags the economy down with it.
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