Beijing likely to loosen its grip on the housing market as exports cool, analysts say

//Beijing likely to loosen its grip on the housing market as exports cool, analysts say

Beijing likely to loosen its grip on the housing market as exports cool, analysts say

Beijing may begin to unwind restrictions designed to keep property prices in check as it battles to prop up economic momentum amid the escalating trade war, according to experts.The property sector and related industries, which account for more than 25 per cent of China's gross domestic product according to CLSA, could be used to help offset the deteriorating trade outlook. The policy approach may be winning hearts and minds in Beijing as data showed exports contracted 2.7 per cent in April…

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By | 2019-06-10T09:15:07+00:00 June 10th, 2019|Business|Comments Off on Beijing likely to loosen its grip on the housing market as exports cool, analysts say