China’s NDRC: Housing inventory high; downward pressure on investment into economy

By FXStreet Headlines from China’s State Planner, National Development and Reform Commission (NDRC), crossing the wires via Reuters:

Housing inventory level high

China faces downward pressure on investment into economy

Local governments unable to raise adequate levels of funding

China to expand reasonable and effective investment

Manufacturing companies have no strong willingness to invest
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Source:: FX Street