China's NDRC: Housing inventory high; Downward pressure on investment into economy

Author: Eamonn Sheridan | Category: News

Headlines crossing via Reuters, China State Planner:

  • Says housing inventory level high
  • Says China faces downward pressure on investment into economy
  • Says local governments unable to raise adequate levels of funding
  • China to expand reasonable and effective investment
  • Manufacturing companies have no strong willingness to invest

No indication as yet for the context/venue for the comments ... but nothing necessarily surprising in them

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