China property: too soon to call Beijing’s rescue package a ‘game changer’, JPMorgan says

by Zhang Shidong at scmp.com Investors will need to see more positive signals from China’s property market before calling a stabilisation in the industry, as the unprecedented bailout package introduced last week may be insufficient to instantly turn around the sector, according to JPMorgan Chase. Expectations about an extended decline in home prices and shrinking incomes among […]