New daily coronavirus cases in China continue to surge.  Over the weekend new cases surged even further.  The last six days have each now seen over 1,000 new daily cases reported.  Today (14th November) saw 1,794 new cases reported, which marks the largest number reported since April 29th.

Also of note is that according to the Wall Street Journal and various other media outlets, China’s central bank and top banking regulator issued a wide-ranging series of housing market measures on Friday aimed at bolstering housing demand and supply.  The new measures are reportedly massive in scale and include extensions for loan and debt payments and a focus on increasing financing.  It remains to be seen, though, just how soon housing sales will be able to return to finding growth again.  China’s housing sales have contracted on a year-on-year basis for fifteen straight months.