The property market is a major growth engine for the broader mainland economy. Photo: Reuters
The property market is a major growth engine for the broader mainland economy. Photo: Reuters

Effectiveness of mainland housing policy easing hinges on banks

Latest policy easing measures will not immediately reverse the housing downturn given high inventory levels, but some buyers return to market

The property market is a major growth engine for the broader mainland economy. Photo: Reuters
The property market is a major growth engine for the broader mainland economy. Photo: Reuters
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