But wasn’t there a precedence for government bailout for debt ridden companies in China?

但是，中国没有政府救助负债累累的公司的先例吗？

And this was a set of measures designed to ease pressure on this debt ridden property sector, which has been under a huge amount of liquidity crunch over the last couple of years.

这是一系列旨在缓解这个债务缠身的房地产行业压力的措施，该行业在过去几年中一直处于大量流动性紧缩之下。