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China Mulls Blowing Aussie Property Into Space

Prominent Chinese economists Miao Yanliang and Ju Jiandong have called for easing capital controls, arguing that the current weakening U.S. dollar and a strengthening yuan present a rare opportunity to increase the currency’s value abroad. They describe 2023 and 2024 as a “strategic window” for developing China’s capital account, which could unlock larger outbound investments, including in Australian real estate. The proposal signals a shift toward greater yuan internationalisation and could reshape cross‑border capital flows. Analysts note that such policy changes may affect Australian property valuations and broader market dynamics.