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China reportedly to take more action in order to try and revive property sector
The additional measures will include relaxing home-purchase restrictions and removing price caps on new homes. It is said that these measures will be implemented in the coming weeks and that they have been under consideration over the past few months now. The sources say that the call to action comes as existing policies have failed to sustain the property sector rebound earlier this year.The lifting of home-purchasing restrictions will be for non-core districts of major cities like Beijing and...
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Posted: Sep 1 2023, 06:14
Author Name: forexlive
Views: 111657