China's 6 trillion yuan aid to property market is helpful to 'a certain extent': Economist

China's 6 trillion yuan aid to property market is helpful to 'a certain extent': Economist


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Hao Hong of GROW Investment Group says China’s total local government debt is likely much higher than official figures. He says investors who are attracted to Chinese high-yield dollar bonds are betting on ‘very substantial’ policy measures by the government.



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