China's trump card has always been increased economic liberty. Transferring economic rights/property from the state to the people will boost asset prices and alleviate the debt situation. It's probably too late to forestall a crisis now, but it's still offers the best cost/benefit of any potential policy.
iFeng: 中国土地制度巨变!宅基地入市利好 地产股爆发
Planetree (0613): breach of Listing Rules: undisclosed loans to South Shore
(ex-0577) and Charles Chan Kwok Keung
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Mr Chan paid interest at 18% p.a. quarterly (19.25% APR) for the loans
totalling HK$26m granted to him in June 2021.
Source: Company announcement | Source d...
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