My Global News: Voices of a New Era
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The Chinese mainland has removed mortgage floor rates and lowered down payment ratios to ease housing costs and boost the economy, aiming to stabilize the housing market and enhance consumer spending.
The Chinese mainland cuts mortgage loan rates starting May 18 to make homeownership more affordable and boost the housing market.
The Chinese mainland’s central bank unveils a $42 billion relending facility to support government-subsidized housing, aiming to provide affordable homes through state-owned enterprises.
Hangzhou removes new housing purchase restrictions, allowing non-city residents to apply for Hukou and access benefits. This move aligns with China’s 2024 strategy to innovate real estate development.
Chinese Premier Li Qiang leads efforts to refine real estate policies, ensuring housing project delivery and market stability.
The National Association of Realtors settles lawsuits alleging commission inflation, agreeing to pay $418 million and revise payment structures.
The IMF highlights how securing China’s sustainable growth not only benefits the nation but also boosts the global economy, focusing on overcoming challenges in the real estate sector.
China’s 2024 GDP growth target reignites debate on its economic peak. Experts argue against claims, highlighting ongoing urbanization and strategic real estate shifts.
China introduces new financing measures to support the property sector, including whitelists for residential projects and significant loan disbursements to boost market confidence.
China reduces its loan prime rate to support the struggling property sector, aiming to stabilize the market and promote economic recovery through targeted policies.