China boosts funds for embattled property sector
BEIJING: China will expand a “white list” of housing projects eligible for financing and increase bank lending for such developments to four trillion yuan or about US$562bil, Housing and Urban-Rural Development Minister Ni Hong says. Redevelopment of cities will also gather pace, with a million “urban villages” to be included in such plans, Ni said...
- By srec
- October 21, 2024
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