China shifts toward easing with property downturn hitting growth

President Xi Jinping oversaw a meeting of the Communist Party’s Politburo on Monday that concluded with a signal of an easing in curbs on real estate.

BEIJING: China’s policymakers moved to expand support for the nation’s economy as a property market downturn threatens to hamper growth into next year.

President Xi Jinping oversaw a meeting of the Communist Party’s Politburo on Monday that concluded with a signal of an easing in curbs on real estate.