China Watch: Time to play briefing bingo again..

Welcome to our China Watch series, where we look at the Chinese case through the lens of Western investors.
Tomorrow, we will have another briefing aimed at boosting the property market, which is one of those tricky conundrums to deal with.
Housing starts have already dropped back 20 years, and the value of unsold homes and projects is sky-high. There is generally no feasible path to reignite building momentum with unsold homes already at such high levels, which is why initiatives will likely continue to be centered around shoring up the credit risk of the unsold homes and underlying exposures.
EM chart of the week: Housing starts bombed back a few decades in China
It’s time for another briefing from China, this time focused on the real estate market. We should get used to this flow of briefings, but is anything actually changing? Here’s an update on the status of real estate in China.
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