Allowing cash gives the Chinese people more flexibility meaning the productivity and value of Chinese goods and services from China is more attractive and improves improving the wellbeing of those in China which in turns fosters innovation as well in sub markets to extract price signals and market opportunities.expanding markets for CHina
The above article is quite interesting. Lets assume it has some legs if not a home run and Australia is a strong risk of recession. That basically means China should reduce prices and create value for its products and services so any recession in Australia will have little difference to exports to Australia from China because those exports are driven by value in a environment where value becomes more critical. So taxing property in China really is critical to reduce property prices, reduce youth unemployment and kickstart value Chinese production and service delivery in China for customers across the globe seeking value as youth in China has greater participation in the supply side of market delivery globally