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PBOC to Provide $42 Billion for State Purchases of Unsold Homes

PBOC to Provide $42 Billion for State Purchases of Unsold Homes
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China unveils 'historic' rescue for crisis-hit property sector as home prices slump again | Consumer Watch

China unveils 'historic' rescue for crisis-hit property sector as home prices slump again | Consumer Watch
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Housing market: China unveils sweeping measures to rescue its crisis-hit property sector

China has unveiled wide-ranging measures to rescue its property sector, including asking local governments across the country to buy unsold homes from beleagured developers and easing rules on purchases.

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

China property: Beijing launches US$41 billion fund to buy unsold homes in major drive to rescue housing market
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Xinhua Headlines: China abolishes mortgage floor rates, cuts minimum down payment ratios to boost property market

Xinhua Headlines: China abolishes mortgage floor rates, cuts minimum down payment ratios to boost property market
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