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IMF seems to be behind the curve on China’s COVID and property polices | Forexlive

Early early this week there was news crossing on significant changes to COVID and Property policies in China.

Chief Economist Gopinath is having remarks reported across the newswires:

  • Calibrating China’s zero-covid strategy to limit its economic impact
    would be vital to sustaining and balancing the economy
  • Urgent action at the central government level is required in China’s
    property sector to ensure financial stability.

Well, yeah … see above! Maybe they are old comments?

More:

  • Inflation and weakening growth in China allow for greater support for
    vulnerable households, which, along with strengthened social safety
    nets, would promote consumption.