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Read More »China central financial institution promotes relending to hurry up gross sales of housing inventory
BEIJING (Reuters) – China’s central financial institution on Wednesday held a gathering to advertise its monetary help for inexpensive housing in a bid to speed up gross sales of unsold housing inventory, as a property disaster threatens progress on this planet’s second-largest economic system. The central financial institution final month arrange a 300 billion yuan ($41.4 billion) relending mortgage facility …
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