China Steps Up Housing Support

China has been supporting property purchases by certain buyers to meet genuine rather than speculative demand in the past few months to stimulate consumption and ease credit to stave off a hard landing.

Topics:  china   support   
BING NEWS:
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    A cooling housing market and painful structural reforms ... It dropped as much as 0.4 percent on Thursday, before retracing its steps to close 0.3 percent higher. In commodities, oil rose after the International Energy Agency said oil markets had been ...
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