Experts tracking China's debt-laden property industry generally adopt a cautiously optimistic tone, but one thing they unhesitatingly agree is that central and local governments' measures have laid a solid foundation for a market recovery, if not a fresh boom.
The State Council's call for a "one city, one policy" approach to the property sector has indicated that more policies with a precise focus on the local housing market will be worked out, which will ensure the healthy and stable development of the residential property market, industry experts said.
PINGTUNG: Even before last week’s visit to Taiwan by US House of Representatives Speaker Nancy Pelosi, fish farmer Chen Sheng-You was on the lookout for new business, with trade curbs cutting him off from his major source of revenue – China.