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Real-Estate Investment Decline To Narrow

CHINA PRESS

Authorities support for the "three major projects," should ensure declines in real-estate investment continue to narrow this year, according to Cai Rui, chief strategist at BoCom International. The government's plan to issue CNY1 trillion of ultra-long-term special treasury bonds will bolster local-government finances and boost China’s GDP by an additional 0.2-0.25pp this year, according to Lian Ping, chairman at the China Chief Economists Forum. (Source: 21st Century Business Herald)

MNI Beijing Bureau | lewis.porylo@marketnews.com

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