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Goldman Sachs says new China property buying rules could give a 'modest' growth impulse

Goldman Sachs says new China property buying rules could give a 'modest' growth impulse
The People's Bank of China announced the lowering of existing mortgage interest rates for first-time homebuyers as well as the downpayment ratio in some cities. Info on this is here:China to cut home-buyers' minimum down payment, and mortgage ratesSeparate to that from the PBOC two more major cities in China said they would allow people to take preferential loans for first-home purchases regardless of credit records. Guangzhou and Shenzhen moved on this easing on Wednesday. Goldman Sachs said... Read More
Posted: Aug 31 2023, 21:39
Author Name: forexlive
Views: 102071

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