• 09/22/2024

China’s Housing Ministry Urges More Property Rescue Efforts

Wall Street Journal

China’s housing minister Ni Hong has sought cuts on home mortgage rates and down-payment ratios for first-time home buyers, among other measures, that Beijing hopes will help ease a protracted property slump amid sluggish economic growth.

https://www.wsj.com/articles/chinas-housing-ministry-urges-more-property-rescue-efforts-49daaf25