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Hopefully the Evergrande problem will reduce commodity hoarding by China and bring down prices globally.
China Economy
China’s Third-Quarter Economic Growth Slows Sharply to 4.9%
Power shortages and supply-chain problems added to the impact from Beijing’s efforts to rein in the real estate and technology sectors
https://www.wsj.com/articles/china-t...hare_permalink
Tom
Market Commentary | My Blog | TSP Talk Plus ||
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Re: China Economy
Hopefully the Evergrande problem will reduce commodity hoarding by China and bring down prices globally.
Re: China Economy
In Tackling China’s Real-Estate Bubble, Xi Jinping Faces Resistance to Property-Tax Plan
https://www.wsj.com/articles/in-tack...hare_permalinkChinese President Xi Jinping has made no secret of his desire to deflate China’s property bubble. But according to people with knowledge of government deliberations, he is facing resistance over a measure aimed at curbing housing speculation: a nationwide property tax.
After negative feedback from within the party, an initial proposal to test a property tax in some 30 cities has been significantly scaled down
Market Commentary | My Blog | TSP Talk Plus |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
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