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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 |
MNI Sydney Bureau | +61-405-322-399 |

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