China Signals Clamp Down on Easy Money Amid Asset Bubble Fears
- Central bank trims liquidity as concern over stock surge grows
- Regulators also tighten purchase rules for Shenzhen property
A worker attends to plants at Lianhua Park as buildings stand in the background in Shenzhen.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
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China’s policy makers have sent another warning to property and stock investors in an attempt to prevent the formation of asset bubbles that could dilute their efforts to fund the economic recovery.