China further eases mortgage loan rate guidance to spur demand - Reuters


5/15/2022 12:00:00 AM2 years 11 months ago

Chinese financial authorities on Sunday allowed a further cut in mortgage loan interest rates for some home buyers, in another push to prop up its property market and revive a flagging engine of the world's second-largest economy.

BEIJING, May 15 (Reuters) - Chinese financial authorities on Sunday allowed a further cut in mortgage loan interest rates for some home buyers, in another push to prop up its property market and revi… [+2488 chars]

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