A Chinese flag flutters in front of a residential building under construction in Huaian, Jiangsu province, on July 12, 2018. Photo: Reuters
Beijing likely to loosen its grip on the housing market as exports cool, analysts say
- Policies to boost housing could be forthcoming as China grapples with cooling exports, escalation in trade war
- Bank of America Merrill Lynch says intensified policy easing is possible in the third quarter
A Chinese flag flutters in front of a residential building under construction in Huaian, Jiangsu province, on July 12, 2018. Photo: Reuters