Chinese housing markets need to make ‘painful adjustment’ – IMF paper


Governments in major cities in China should focus on restoring the housing market’s “stability and predictability” to ensure the economy can withstand a sudden fall in house prices, according to research published by the International Monetary Fund.

In the paper, which looks to understand how China can stabilise its housing market, Richard Koss and Xinrui Shi say governments should stop focusing on reaching and maintaining a targeted home price level.

“While often painful, markets should be

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: