Beijing is making efforts to alleviate economic concerns following the debt crisis of real estate developer Country Garden. China’s government is attempting to prevent the debt crisis from spreading to the broader economy by reassuring investors about the stability of the financial sector. This move comes amidst fears of a potential contagion effect on the real estate market, which has been facing challenges due to tighter regulations. The government’s intervention seeks to maintain confidence in China’s financial system and mitigate the risks associated with the property sector’s debt-related issues.