Property News · May 17, 2024

China property: Beijing launches US$41 billion fund to buy unsold homes in major drive to rescue housing market


Beijing has launched a 300 billion-yuan fund to help clear excess housing inventory, as well as measures to ensure developers have access to financing and that homes are delivered on time.

Source : South China Morning Post
Read more…China property: Beijing launches US billion fund to buy unsold homes in major drive to rescue housing market