China Has $501 Billion Bailout Ammunition for Property Mess

China has enough ammunition to salvage its beleaguered property sector, as total bailout funds could reach 3.57 trillion yuan ($501 billion) with central government support, according to CLSA Ltd.

That’s far more than the 700 billion yuan to 800 billion yuan funding gap for stalled projects, based on S&P Global estimates. At worst, this number could reach as much as 2 trillion yuan, the company added.