IMF seems to be behind the curve on China's COVID and property polices

Early early this week there was news crossing on significant changes to COVID and Property policies in China.

• a 20- and 16-point plan respectively.
• ForexLive Asia-Pacific FX news wrap: What. A. Day. Yen, yuan, crypto all moving.

Chief Economist Gopinath is having remarks reported across the newswires:

• Calibrating China's zero-covid strategy to limit its economic impact would be vital to sustaining and balancing the economy

• Urgent action at the central government level is required in China's property sector to ensure financial stability.

Well, yeah ... see above! Maybe they are old comments?

More:

• Inflation and weakening growth in China allow for greater support for vulnerable households, which, along with strengthened social safety nets, would promote consumption.