Asset Allocator's Soapbox: Jason Hepner

Chinese policymakers have recently embarked on robust initiatives to tighten monetary policy. The most recent measures are targeted at the overheated property market, and include a complete ban on purchases of second homes across a range of large and mid-sized cities, accompanied by a message of strict enforcement of the rules to deter property market speculation. This has prompted the market to become concerned about the risks of policy tightening too far, too fast. There are fears that the Chinese may derail economic growth, just as the global economy loses momentum. Indeed, this is wh...