Chinese Premier Sets Positive Tone for Real Estate Market
ANBOUND
Premier Li Keqiang said to strengthen local governments' reasonable control of real estate market and to take different measures in different cities. In the opinion of ANBOUND research team, the speech of Premier means the policies on real estate market will be further loosened. However, the market is different from the past since a lot of capital and people has left. Thus, even if the policies are loosened, it is unclear how active the real estate market will be.