China's debt swap plan won't help much, rumored real estate fund would have a greater impact: Strategist

China's debt swap plan won't help much, rumored real estate fund would have a greater impact: Strategist


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Vincent Chan of Aletheia Capital says that China’s planned local government debt conversion is too small from a stimulus point of view, rather the rumored 4 trillion RMB fund to purchase unsold property inventory could help boost confidence in the real estate sector.



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