China’s local authorities issued a record number of policies designed to support the property market in February, with more expected to follow in March to cushion the economic blow from the coronavirus outbreak.More than 60 Chinese cities issued at least 75 property policies, the highest on record, according to Centaline Property. They were mostly aimed at taking some pressure off developers and boosting sales as the market struggles under the weight of the epidemic.But some of the measures…
Source : South China Morning Post
Read more…Chinese cities introduce record number of measures to support developers crumbling under weight of coronavirus
