<p>State-backed bonds to support homebuilders. </p><ul><li>200bn yuan in issuance is expected in the second round for this. </li></ul><p>200bn yuan will hardly touch the sides!</p><p>China is trying everything to prop up these zombie firms:</p><ul><li><a...
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While real estate ownership has been one of the most consistent ways to build wealth in America, it has been notoriously...