Though the macro control policies may dampen China’s economic performance in the short term, an affordable property market will boost China’s economic prosperity in the long run. Illustration: Craig Stephens

Growing pains: China’s property cooling measures will stabilise economy for long-term growth

G. Bin Zhao says the Chinese government’s policies to curb the overheating real estate sector may have a negative impact on GDP growth in the short term, but a stable housing market will ensure a sustainable economy

Topic |   China property

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Though the macro control policies may dampen China’s economic performance in the short term, an affordable property market will boost China’s economic prosperity in the long run. Illustration: Craig Stephens
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