World Bank: House Prices and Franziska Ohnsorge

world bank: The authorities are very carefully calibrating their growth path, according to Global Times China. They are beginning to unwind financial sector vulnerabilities. Franziska Ohnsorge, lead economist with the World Bank, told Xinhua in London that China was in the midst of significant structural reforms. House prices seem to be stabilizing. Credit growth is slowing, she said. They have placed property market restrictions in some places. (news.financializer.com). As reported in the news.

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