IMF seems to be behind the curve on China's COVID and property polices<p>Early early this week there was news crossing on significant changes to COVID and Property policies in China.</p><ul><li>a 20- and 16-point plan respectively. </li><li><a href="https://www.forexlive.com/news/forexlive-asia-pacific-fx-news-wrap-what-a-day-yen-yuan-crypto-all-moving-20221114/" target="_blank" data-article-link="true">ForexLive Asia-Pacific FX news wrap: What. A. Day. Yen, yuan, crypto all moving.</a></li></ul><p> Chief Economist Gopinath is having remarks reported across the newswires:</p><ul><li>
Calibrating China's zero-covid strategy to limit its economic impact
would be vital to sustaining and balancing the economy</li></ul><ul><li>
Urgent action at the central government level is required in China's
property sector to ensure financial stability.</li></ul><p>Well, yeah ... see above! Maybe they are old comments? </p><p>More:</p><ul><li>
Inflation and weakening growth in China allow for greater support for
vulnerable households, which, along with strengthened social safety
nets, would promote consumption.</li></ul>
This article was written by Eamonn Sheridan at forexlive.com.
Source: IMF seems to be behind the curve on China's COVID and property polices (https://forexlive.com/news/imf-seems-to-be-behind-the-curve-on-chinas-covid-and-property-polices-20221117/https://forexlive.com/news/imf-seems-to-be-behind-the-curve-on-chinas-covid-and-property-polices-20221117/)
forexlive.com