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 . . .
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