China megacities ease homebuying rules to boost property market
Beijing (AFP) Sept 30, 2024
Six of China's biggest banks said they would tweak interest rates on existing mortgages following a request to lower them from Beijing's central bank, state media said Monday, as the country seeks to pull itself out of a housing sector slump. The measures are the latest in a raft of pledges out of Beijing since last week aimed at kickstarting the world's number-two economy. The teetering
Six of China's biggest banks said they would tweak interest rates on existing mortgages following a request to lower them from Beijing's central bank, state media said Monday, as the country seeks to pull itself out of a housing sector slump. The measures are the latest in a raft of pledges out of Beijing since last week aimed at kickstarting the world's number-two economy. The teetering