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Xi Jinping reshapes China property market paving way for state dominance

January 14, 2022 7:52 AM

BEIJING (BLOOMBERG) – For any government, overhauling a nationwide residential real estate market would be risky under the best of circumstances. Chinese President Xi Jinping is attempting it at a time when the economy is slowing, Omicron is threatening his zero-Covid policy and relations with the outside world are increasingly fraught.

Source : https://www.straitstimes.com/business/property/xi-jinping-reshapes-china-property-market-paving-way-for-state-dominance

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