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Beijing reverse policy on property biz

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17-08-2022, 09:00 AM

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Beijing reverse policy on property biz

An honorable member of the Coffee Shop Has Just Posted the Following:

After destroying it in its haste to reign in on rogue developers.

Beijing acts to support some property developers, boost demand in economy

Apartment buildings under construction in Beijing. China’s policymakers have been trying to stabilise the sector that accounts for a quarter of the economy after a string of defaults among developers and a slump in home...

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