China unveils raft of financial, housing policies to stabilize real estate market
On Sunday, China's Ministry of Housing and Urban-Rural Development said that it would support municipal governments, especially those in the first-tier cities, to leverage their decision-making powers to regulate the real estate market, and adjust policies restricting housing purchases based on local conditions.
Many cities are stuck with empty homes that they will likely never fill, adding to the country’s economic woes.
China’s residential slump deepened in September before the government released a basket of measures to put a floor under the ...
After seeing prices decline for years, Chinese officials have made a burst of policy changes aimed at making easier to buy ...
Before the real estate sector bottomed out, it catapulted hundreds of millions of Chinese into the middle class.
The Chinese leader also reiterated Beijing’s aims for reunification with the self-governing island of Taiwan as he marked the ...
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While the meeting readout did not provide many details, it is significant for a country where policy directives are ...
BlackRock Inc. will refrain from investing more in China’s real estate market until it sees a significant return in investor ...
With sweeping real estate reforms, China aims to stabilize its housing market, address long-term urbanization, while ...
Major real estate stocks saw marginal losses this week, though REITs largely continued to gain, as investors focused on ...
China announced a major stimulus package on Tuesday, but offered no fiscal support. It's necessary to fix the nation's ...
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