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Real Estate Finance: New Policy Released to Promote Economy
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Real Estate Finance: New Policy Released to Promote Economy
preview: executive summary
Trailo-made current issue on Real Estate Finance in China. Chinese major first-tier cities ease mortgage rules to revive the property sector.
Guangzhou, Shenzhen, and Beijing eased mortgage curbs and the country's top banks flagged mounting risks from the deepening property sector turmoil, as Beijing ramps up efforts to shore up the sputtering economy.
Guangzhou, China's fifth biggest city, and the tech hub of Shenzhen said that mortgage curbs would be eased, allowing home buyers to enjoy preferential loans for first-home purchases regardless of their previous credit record.
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