China to buy unsold property in bid to revive sector

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Published May 17, 2024

China announced ‘historic’ steps to stabilize the crisis-hit property sector, allowing local governments to buy ‘some’ apartments, relaxing mortgage rules and pledging to deliver unfinished homes.
#News #china #chinahousing #Reuters #Newsfeed

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China to buy unsold property in bid to revive sector | REUTERS

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