Politburo vows to promote healthy development of real estate sector, uses “virtuous cycle” for first time

China real estate

THE WIRE - Up-to-the-minute news updates walk you through every trading day!

China will increase construction of affordable-housing, support the efforts to better meet home buyers' reasonable demand and promote healthy development and virtuous cycle of the real estate sector, the Politburo, the top decision-making body of the China Communist Party, said at a meeting about Chinese economy on Monday.

Politburo's words, coming after several regulators including the central bank and the top banking regulators indicated relaxation of real estate financing, further boosted expectations . . .

 

 

SIGN IN  OR SUBSCRIBE TO GET FULL ACCESS. 

Stop Googling for China market information. Yuan Talks put all market-moving news in one place. You will never again be left in the dark when market moves. Start your FIVE-DAY FREE TRIAL today!

 

Try For Free

Cancel anytime before the free trial ends and you won't be charged.