China’s property market is (somehow) worsening
The Communist Party of China now has over 100m members. Only 23 (the top 0.00002%) sit on its Politburo, which sets the agenda for the party and therefore the country. And even they do not always get their way. At an emergency meeting in September 2024, these leaders resolved to stabilise China’s precarious property market. The market had other ideas.
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