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China set to double down on property market stability (www.scmp.com)

submitted 1 month ago by rss@news.abolish.capital to c/china@news.abolish.capital

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For years, Beijing attempted to trade flats for microchips, a bold effort to rewire the economy. But 2025 showed that a hi-tech superstructure cannot be built on the crumbling foundation of a middle-class balance sheet. Now, in the opening 2026 issue of Qiushi, the Communist Party’s most influential journal, a new signal has emerged, indicating that the leadership is prepared to halt the decline. A key commentary in the journal presents a notable analytical shift. It reaffirms real estate as a...

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