China goes for stimmies!
Remember the days when this mattered? China unveiled mortgage subsidies and changes to bank lending policies, stepping up efforts to support an economy losing momentum. The country will subsidize interest payments for homebuyers on some cheaper homes nationwide. First-home buyers will get subsidies worth an annualized rate of 1 percentage point of the mortgage principal The post China goes for…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
