Policymakers are trying to boost support for China's real estate market. Evergrande this week was ordered to liquidate after years of attempted restructurings.
HONG KONG/BEIJING - A state-backed property project in China has received the first development loan under Beijing's so-called "whitelist" mechanism and two major cities have eased home-buying curbs, state media reported, as concerns mount about the liquidation of Evergrande. The latest measures add to a string of supportive policies rolled out by the world's second-largest economy over the past year.
The first development loan has been granted under China s so-called project whitelist mechanism, the country s official Securities Times reported on Wednesday. .
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