China will boost economy but won't use property market for stimulus, says Politburo
Chinese and US trade negotiators meet in Shanghai
30 July 2019 - 17:30
Beijing — China will step up efforts to boost demand and support the economy, but will not use the property market as a form of short-term stimulus, a top decision-making body of the ruling Communist Party said on Tuesday.
With China's economic growth slowing to near 30-year lows, investors are waiting to see how much more stimulus Beijing will roll out, and if it will risk easing curbs on property markets to boost construction and investment...
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