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Ex-PBoC official: China’s property downturn may continue for two more years

https://www.fxstreet.com/news/ex-pboc-official-chinas-property-downturn-may-continue-for-two-more-years-202401150014
The People’s Bank of China’s (PBoC) former director Sheng Songchen said on Saturday at a forum in Shanghai that the property downturn in China may continue for two more years before gaining stability, per Bloomberg…

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