• 11/13/2024

China aims to solve property puzzle with affordable housing push, but debt cloud remains

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Local authorities in China have been encouraged to buy unsold homes to create affordable housing amid efforts to address a property crisis, but many are already struggling with debt.

https://www.scmp.com/economy/china-economy/article/3267550/china-aims-solve-property-puzzle-affordable-housing-push-debt-cloud-remains?utm_source=rss_feed