China's attempts to save its flailing housing market haven't boosted confidence among top Wall Street analysts
Nantong, China
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- On Thursday, China unveiled new measures to prop up its struggling property market.
- The measures include quicker credit for developers and support for renovations in urban shantytowns.
- But analysts say the new measures aren't enough to solve the market's structural challenges.
China officials have directed a wave of stimulus measures at the country's beleaguered property market, but the effort hasn't done much to impress Wall Street experts.
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