International Economic

China megacities ease curbs on home buying, PBoC acts again

By Frank Prenesti

Date: Monday 30 Sep 2024

(Sharecast News) - Three Chinese megacities announced the relaxation of home buying rules in the latest round of measures aimed at boosting the country's ailing economy, while the central bank said it would ask lenders to lower mortgage rates.
Guangzhou and Shenzen on Sunday said they would lift all restrictions on...

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