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Banks may resist China's push to help developers

Banks may resist China's push to help developers
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Analysis:China needs to pull 'multiple levers' for property turnaround, say analysts

HONG KONG/NEW YORK : China's direct interventions to ease a cash crunch for crisis-hit property developers are a step in the right direction, but analysts say these actions must be complemented by stronger fiscal and monetary policies to shore up demand in the sector.The extended slump in property sales, ....

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