Free Trial

Balancing Property Prices A Priority for China: Daily Says

CHINA PRESS
MNI (Sydney)

Balancing property prices and the tightening of the funds flow will be the top priorities in H2 as regulators take further steps to prevent asset bubbles and inflationary pressure through restricting illegal funds from moving into the stock and real estate markets, the Economic Information Daily reported. Policies such as boosting housing supplies while continuing to limit asset purchases and credit will be crucial, the Daily said, citing its previous interview with Sheng Songcheng, an advisor to the Shanghai government and a former PBOC official.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.