POLICY & REGULATION
China to try to achieve best possible results for economy this year, to stick to dynamic zero Covid policy – Politburo
China will try hard to achieve the best possible results for the economy this year, said the Politburo chaired by Chinese President Xi Jinping, the top decision-making body of the China Communist Party, at a meeting on Thursday.
Chinese cities rush to take actions amid expanding mortgage boycott, Zhengzhou creates developer bailout fund
Nearly ten Chinese cities including Zhengzhou, Ningbo and Xianyang have taken various actions to help property developers resume constructions of stalled projects after a growing number of homebuyers across the country threaten to stop making mortgage payments for unfinished properties.
