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China Unveils A Housing Market Bailout: Here’s What’s In It, And Why It Is Still Not Enough
from ZeroHedge: More than four years ago, when China first launched its latest “deleveraging” campaign targeted at bursting the country’s housing bubble in a controlled fashion, which coincidentally was the single largest asset for China’s massive middle class, we – and many others – said that this experiment was doomed and that all China is doing is […]
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