Photographer: Brent Lewin/Bloomberg

China Politburo Flags Caution on Property Stimulus, Goldman Says

  • Financial regulators seen as hawkish on risk of asset bubbles
  • ‘The mention of asset bubbles was new,’ Song Yu says in note

China’s top leaders signaled this week that they’re likely to be cautious on further easing measures even if the property market continues to cool. 

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