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Guangzhou eases home downpayment rules

Published Mon, Jun 8, 2015 · 09:50 PM

China property

Hong Kong

CHINA'S southern city of Guangzhou on Sunday relaxed downpayment requirements for first and second homebuyers, the first local housing market stimulus rolled out by a top-tier city.

The third-largest city in terms of gross domestic product in China lowered the downpayment ratio under the housing provident fund policies, allowing f…

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