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China’s Housing Crisis Is Worse than It Seems
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As China's housing market continues to weaken, the government has decided to relax rules on lending to its 10.9 trillion yuan (1.3 trillion euros) pension fund in a bid to shore up the real estate (RE) sector and provide people with an alternative to bank loans. However, analysts are skeptical that this will have a major impact on the sector, as it will depend on the overall economic recovery, which is also weighed down by the risk of US tariffs.
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