Finance minister said curbs imposed earlier to cool the property market would be lifted with immediate effect
Experts say it’s unclear if Monday's order will be enforced in mainland China
The manufacturing purchasing managers index (PMI) has fallen in nine of the past 10 months, rising only in September.
China Evergrande Group is among dozens of Chinese developers that have collapsed since 2020
The rating agency cited slowing economic growth and the property crisis
The world's second-largest economy beat expectations but economy slowing from previous quarter
Economists say the worst might have passed, with September trade up slightly from August, and manufacturing showing signs of improvement