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PBOC to provide US$42 billion for state purchases of unsold homes

arifnsn May 17, 2024

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With China’s property market struggling, India, South Korea and Vietnam are hot

THE People’s Bank of China (PBOC) will establish a nationwide programme to unleash US$41.5 billion in cheap funding to help state-owned companies buy unsold homes.

arifnsn May 17, 2024

0 80 Less than a minute

PBOC to provide US$42 billion for state purchases of unsold homes

arifnsn

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