China moves to stabilise property sector with ‘stronger-than-expected’ policy package
Beijing has unveiled a package of measures to shift home sales in China’s vast property market away from a presales model, in a stronger-than-expected push to stabilise a property downturn that has weighed on consumer demand for years. A notice released on Friday laid out reforms to China’s home sales system, telling local governments to prioritise completed-home sales. It was jointly issued by…
We haven't written up this one. South China Morning Post has the full story — the link below goes straight to it.
