China Property Downturn, IMF on Australia, India Rate Decision: Eco Day

(Bloomberg) -- Welcome to Tuesday, Asia. Here's the latest news and analysis from Bloomberg Economics to help you start the day.

China's policy makers moved to expand support for the economy as a property-market downturn threatens to hamper growth into 2022
The IMF said Australia's ultra-easy policy has been instrumental in supporting the economy, which is why future decisions -- including a potential early rate liftoff -- should be data-dependent
India will likely keep its key lending rate at a record low for a ninth straight meeting, with a new virus variant seen as the latest threat
New Zealand's central bank is wary that the labor market could get even tighter in the near term
- New Zealand's yield curve has flattened markedly, signaling that the central bank's tightening cycle is expected to significantly slow economic growth
Buying and selling large quantities of U.S. government debt without moving the market is about the hardest it's been since the pandemic
The U.K. is moving forward on trade engagement with individual American states, and stands ready to resume talks with Washington
The Bank of England is preparing to halt its almost 900 billion-pound ($1.2 trillion) quantitative easing program
The Riksbank's plan to keep its asset portfolio intact next year is being chipped away at by more hawkish board members
There's a lesson emerging for governments from the Covid pandemic: big spenders make big savings