They will likely include those that"stabilize the finances of the largest property developers. So any possibility of financial panic should be, and will be dispelled," he added.The slowdown in China's property market is not uniform, Li pointed out.
"In the largest cities, like Beijing and Shanghai, good properties... relatively large apartments are being sold at a much faster pace than before.""What's going on here is that there's still a lot of liquidity among high income people. However, people who are earning moderate salary are much more hesitant in buying," he explained.to pick up in the next six to 12 months in third- and fourth-tier cities, as well as for smaller apartments.
Beijing has sought to prop up China's faltering housing market in recent weeks, but cutting loan interest rates, as well as