Mobility and modern telecommunication concept: macro view of tablet computer and touchscreen smartphones with colorful interfaces on laptop notebook PC

According to Bloomberg Intelligence analyst Kristy Hung, the supportive measures already in place, including facilitating mergers and acquisitions, loosening bank lending and easing mortgage interest deductions, have done little to increase the liquidity of ailing developers. Even if bond sales pick up soon, demand for developer debt would be weak amid shattered investor confidence, she said.

This post China is expected to follow up on the easing of the pledge with concrete steps

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