China's trump card has always been increased economic liberty. Transferring economic rights/property from the state to the people will boost asset prices and alleviate the debt situation. It's probably too late to forestall a crisis now, but it's still offers the best cost/benefit of any potential policy.
iFeng: 中国土地制度巨变!宅基地入市利好 地产股爆发
The Market Will Soon Hit An Air Pocket And Drop 20% In A Matter Of Months
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Yesterday, in a presentation to investors, Dubravko Lokas-Bujas, JP
Morgan’s Chief Global Equity Strategist, called for an “out of the blue”
stock market c...
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