XJP can't let real estate collapse : that's why

Stupor of convenience. Oui, China has just announced that it will buy back the real estate parks in capilades to save the industry. Banks are ordered to lend at low rates to encourage the purchase of real estate. The government, who wanted to be firm against the capitalists who profit from the system, ended up bowing to the principle of reality of a now very liberalized economy. Not without having scalped the two main real estate developers in China.

The provinces are invited by He Lifeng [He Lifeng], Vice Premier of the State Council of China, at “from reality” [ie don't play with formalism on this point] and to, concretely, buy the housing stocks of developers in difficulty. The State, for its part, undertakes to repurchase, if necessary, overabundant offices to convert them into affordable housing [Govt].