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China Property Market Rally Runs Into Covid, Faltering Economy

https://www.bloomberg.com/news/articles/2022-12-22/china-property-market-rally-runs-into-covid-faltering-economy
Despite a disastrous year for China’s property sector, markets turned from extreme pessimism to euphoria in just a matter of weeks thanks to Beijing’s policy bazooka. Whether the rally has more legs is still in doubt.

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