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A Recovery in China’s Property Market? Not So Fast.

Por: MarketWatch Business January 20, 2023

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Beijing has backed that dovish line with a raft of stimulus measures: soft credits for beleaguered builders, lowering mortgage rates and requirements. Investors like it. The exchange-traded fund (ticker: CHIR) has gained 60% from a trough in October. Developers’ dollar bonds have done better than that, erasing most of the past year’s losses, says Tracy Chen, a portfolio manager for global credit at Brandywine Global. If you blinked through... + full article



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