IMF Deputy Managing Director speaking from Beijing: We see scope for a more comprehensive policy package to address property sector issuesCentral government resources should be deployed to help buyers of pre-sold unfinished homesMacroeconomic policies should support domestic demand and mitigate outside risksPolicy should prioritise providing central government support to the real estate sectorWelcomes monetary policy measures implemented in 2024 to dateEarlier:The IMF has upgraded China's economic growth target to 5%, from 4.6% This article was written by Eamonn Sheridan at www.forexlive.com.
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