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China Experts Map Out Endgame for Xi’s Revamped Property Sector

  • State-owned firms seen taking control of real estate market
  • Transition will be ‘long and painful,’ Bocom’s Hao Hong says

China’s crackdown on its real estate sector shows few signs of stopping as officials seek to reduce the risk of a U.S.-style financial crisis.

The big questions now are what will the world’s largest property market look like at the end of this process -- and whether the Communist Party can avoid a hard landing of the economy.