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China unveils sweeping measures to rescue property market

China unveils sweeping measures to rescue property market
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China Unveils Strongest Remedies yet for Its Troubled Housing Market

Beijing is removing floors on mortgage rates, offering cheaper housing loans, and reducing minimum down payments to stimulate China's property market.

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Fresh Stimulus Propels Emerging Markets to Fourth Week of Gains

Fresh Stimulus Propels Emerging Markets to Fourth Week of Gains
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China attempts to end property crisis with broad rescue package

The support package also includes lower down-payment requirements for homebuyers and 300 billion ($42 billion) of central bank funding to help government-backed firms buy excess inventory from developers

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EM Currencies Edge Lower as Optimism Over Rate Cuts Dwindles

EM Currencies Edge Lower as Optimism Over Rate Cuts Dwindles
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