When it comes to the real-estate sector, China’s government has consistently had the right objective and the wrong strategy. It is time to align intention with action.
在房地产业的问题上，中国政府一直在用错误的战略追求正确的目标。目的和行动之间应该一致。否则，中国的金融业——事实上，是整个经济——都要遭殃。