China said to be readying moves to counter housing market slump
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Beijing
CHINA is preparing measures to counter a housing market slump and will roll them out if the economy needs support, people with knowledge of the matter said on Wednesday.
The government could reduce downpayment requirements for second-home purchases, the people said, declining to be identified as the information isn't public.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result