IN SHANGHAI, a finance worker must clear her overdue mortgage or her bank will press charges. In Hangzhou, a couple have delayed having a baby and are relying on their parents to help pay their home loan, while another man is forced to sell two properties at a one million yuan (S$189,453) loss after his repayments spiralled.
A First Glimmer Of Hope For China Property menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
China announced a slate of fresh measures Friday to reinvigorate its ailing property industry after the latest data showed housing prices have slumped nearly 10% since the start of the year.
China unveils fresh measures to tackle property crisis, boost growth dailystar.com.lb - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailystar.com.lb Daily Mail and Mail on Sunday newspapers.