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China unveils historic steps to stabilise crisis-hit property sector, ET RealEstate

China unveils historic steps to stabilise crisis-hit property sector, ET RealEstate
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China goes on a $1 trln apartment-buying spree | Hellenic Shipping News Worldwide

China goes on a $1 trln apartment-buying spree | Hellenic Shipping News Worldwide
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International Business: China unveils historic steps to stabilise property sector

International Business: China unveils historic steps to stabilise property sector
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China mulls government purchases of unsold homes to ease glut

CHINA is considering a proposal to have local governments across the country buy millions of unsold homes, sources familiar with the matter said, in what would be one of its most ambitious attempts yet to salvage the beleaguered property market.

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China mulls government purchases of unsold homes to ease glut

The State Council is seeking feedback from several provinces and government entities on the preliminary plan, said the people, asking not to be identified discussing a private matter.

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