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China Implement QE Policy to Save the Real Estate Industry

CCP has formalized his own QE monetary policy to support Real Estate Industry, which is aiming to stabilize their economy. Source… Visit Original Source…

Translator: Yue Ying Wan Chuan
Proofreader: Lish

On 9th November, referring to a source from the National Association of Financial Market Institutional Investors (NAFMII), Companies such as China Merchants Shekou Industrial Zone Holding, Poly Real Estate, Country Garden, and Longfor Properties are planning to issue corporate bonds in Interbank Money Market.  

According to another piece of information from Essence Securities, Authorities are cracking down on the spread of the debt crisis from the Real Estate industry, while some cities have planned to lower the payment condition on the Land transaction fee. Besides this, speculation on further policy easing is the government will allow financial institutions to securitize their residential mortgages, which increases credit limits.  

On 4th November, for the cities which play a significant role in the local economy, the Chinese Government has already issued certain policies to support their development, as the nature of these policies is QE measures.

Recently, RiseSun debt default, China Vanke violation of rules to refinance with high debt ratio, and Evergrande debt crisis together worsen the current economy, which considers as the reason why the Chinese Government issued their QE monetary policy in a rush run.  

CCP’s current QE Monetary policy is not sustainable, resulting in hefty prices for the public. And the real question is whether QE policy can save the China government. On 8th Nov, Federal Reserve warns Evergrande debt crisis could negatively affect the US economy and global economic stability. Mr Miles Guo has pointed out in GETTR, once China Real Estate companies stop their repayment to Financial Institutions, which causes the US economy will suffer eventually.

Regardless of the QE policy, the Chinese Communist Party is done.

Source: 中共大放水,支持房企银行间市场发债

Published by:Yizu

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