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Monday, March 4, 2024

China to Refine Real Estate Policies to Support Ailing Sector

 

  • Beijing will scale up subsidized housing to arrest slump
  • China will also increase loans to private businesses

China will refine real estate policies to provide stronger support for the ailing sector, as the property crisis drags into a fourth year.

The government will treat real estate companies equally regardless of their ownership, according to proposals outlined in a government work report to the National People’s Congress on Tuesday.

https://www.bloomberg.com/news/articles/2024-03-05/china-to-refine-real-estate-policies-to-support-ailing-sector


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