Developers’ shares rise on news of China’s US$12 billion bailout fund for beleaguered sector

The shares of Chinese property developers rose on Monday on media reports that China’s State Council was stepping up efforts to bail out the sector with a fund that could be amount to as much as US$12 billion.

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Mainstream media is often "Fake News." Nevertheless, one needs to see what others are seeing and then read with discernment.

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