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   
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    director of the Policy Research Centre of China's Ministry of Housing, said the country’s real estate assets were ready for securitisation, signifying growing momentum from the government for the plan. Companies have already made some tentative steps.
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  • Small steps in service sector to make big strides in economy
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