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China to boost financing for approved housing projects to $560 billion to counter property slump

Real Estate

(17 Oct 2024) RESTRICTION SUMMARY: ASSOCIATED PRESS Beijing - 17 October 2024 1. Wide of news conference 2. Wide of reporters 3. SOUNDBITE (Mandarin) Ni Hong, Minister of Housing and Urban-Rural Development: “Before the end of this year, we will scale up the credit limit for the white list of the real estate market to 4 trillion yuan ($562 billion). All eligible property projects should be included in the financing coordination mechanism so that loans can be made available to these projects to

Tag-uri: Real Estate

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China to boost financing for approved housing projects to $560 billion to counter property slump AP Archive - 22.10.2024 08:01
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