Skip to content
Subscriber Only
Markets
Economics

Ex-PBOC Official Urges Easing Property Debt Curbs Amid Covid

  • China’s Covid wave may hit housing market hard, Sheng says
  • Debt rules like ‘three red lines’ could be slowed temporarily
Updated on

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

China’s finance regulators should ease up on their efforts to rein in developers’ debt to help them ride out the latest Covid wave, a former central bank official said.