The Business Times
business-time-50

Housing should be for living in, not speculation: Xi Jinping

google-preferred-sourceAdd BT as a preferred source
Published Wed, Oct 18, 2017 · 09:50 PM

Beijing

CHINESE President Xi Jinping renewed his call to ensure housing market stability and pledged that authorities will help meet demand by adding more supply of homes.

"Houses are built to be inhabited, not for speculation," he said on Wednesday in his address at the 19th Party Congress Wednesday in Beijing. "China will accelerate establishing a system with supply from multiple parties, affordability from different channels, and make rental housing as important as home purchasing," he added.

Xi Jinping

TRENDING NOW

Tribunal Magistrate Jared Kang described dismissal law as “a little more layered, difficult and unclear than it perhaps needed to be”.

Firm loses wrongful dismissal case despite following termination clause

The Vietnamese economy has long relied heavily on bank lending, straining commercial banks as they shoulder the bulk of the financing needed by companies and large infrastructure projects.

Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks

Soilbuild and its executive chairman Lim Chap Huat are reportedly seeking unspecified damages over Brookfield’s alleged breach of their agreement.

Soilbuild’s Lim Chap Huat sues Brookfield, claims it reneged on joint venture: WSJ

UOB’s asset quality was a recurring theme across all broker notes.

Citi, OCBC downgrade UOB post-Q2 results; RHB upgrades on valuation

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More