Wall Street has begun to pause its bearish call on China. Morgan Stanley raised its third-quarter GDP growth forecast for China from 3.8% to 4.2%. China's deflationary pressure has eased marginally, and the purchase price and factory price of major raw materials have increased for four consecutive months, which means that the monthly PPI rate in September (announced on October 13) will further rebound from 0.2% in August to 0.4%. Asia Finance predicts that after Xu Jiayin is arrested, real estate developers who were waiting on the sidelines will get back a large amount of funds and fully invest in the campaign to ensure the delivery of properties.