In the past few weeks, Chinese authorities have rolled out a series of policy adjustments for the property market, including easing restrictions on the classification of first-home buyers, lowering existing first-home loan rates and down payment requirements, and more. The measures came after a high-level meeting in July among China's top leadership concluded that major changes have taken place in the relationship between supply and demand in China's real estate market and called for timely adjustments. Is the Chinese property market reeling, as some Western analysts say? How will the new policies propel the healthy development of the market and meet the changing housing demand of the Chinese people? Host Liu Kun is joined by Professor Liu Baocheng at the University of International Business and Economics; Dr. Yao Shujie, Chueng Kong Professor of Economics, Chongqing University; and Michael Powers, a Zurich Insurance Group Professor of Risk and Finance at Tsinghua University.