China's trump card has always been increased economic liberty. Transferring economic rights/property from the state to the people will boost asset prices and alleviate the debt situation. It's probably too late to forestall a crisis now, but it's still offers the best cost/benefit of any potential policy.
iFeng: 中国土地制度巨变!宅基地入市利好 地产股爆发
Weekly Initial Unemployment Claims Decrease to 210,000
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The DOL reported:
In the week ending March 23, the advance figure for *seasonally adjusted
initial claims was 210,000*, a decrease of 2,000 from the previo...
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