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China Urges Action to Stabilize Property Market Crisis

1/3/2026

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Story summary
  • China's top party journal, Qiushi, calls for a policy approach to stabilize the property sector.
  • The article says the property market is vital to the domestic economy and consumer demand and calls for decisive, market-aligned actions.
  • It warns of bankruptcies or restructurings among developers and calls the sector at a turning point.
  • Qiushi advocates stronger macro controls to reduce volatility and support a stable recovery.