illustration by Lau Ka-kuen
illustration by Lau Ka-kuen

China’s haphazard ‘three arrows’ could shrink the property sector. Is that more sustainable?

  • Beijing’s ‘three arrows’ liquidity package is unlikely to benefit all distressed developers equally, leading to consolidation as some fail along the way
  • Some 60 banks have extended 4 trillion yuan (US$573 billion) to about 100 developers since the measures were rolled out last month, according to China Index Academy

illustration by Lau Ka-kuen
illustration by Lau Ka-kuen
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