China's debt swap plan won't help much, rumored real estate fund would have a greater impact: Strategist

Vincent Chan of Aletheia Capital says that China's planned local government debt conversion is too small from a stimulus point of view, rather the rumored 4 trillion RMB fund to purchase unsold property inventory could help boost confidence in the real estate sector.

Nov 5, 2024 - 13:00
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China's debt swap plan won't help much, rumored real estate fund would have a greater impact: Strategist
Vincent Chan of Aletheia Capital says that China's planned local government debt conversion is too small from a stimulus point of view, rather the rumored 4 trillion RMB fund to purchase unsold property inventory could help boost confidence in the real estate sector.