The Fangbiaogan Real Estate Agency in the southern city of Nanning is still waiting for China's post-COVID rebound. Home sales are 30-40 per cent below last year's depressed level after the economy barely grew in the latest quarter, according to the owner, who would give only his surname, Cai. He has cut staff by 80 per cent to 40 employees. Their income from sales commissions has fallen as much as 90 per cent. “People are worried,” said Cai. “They feel safer holding onto their savings instead of spending them.” Chinese leader Xi Jinping's government is making ambitious promises to drag…