Shanghai Real Estate
China has announced an array of policies to boost the falling real estate sector amid the global economic downturn.
The central government has stepped in to bolster the sagging real estate market by lowering transaction taxes, reducing down payments and lowering mortgage rates.
But analysts said the measures may not hold back price corrections because the current prices have surged far out of reach of many buyers.
More on this HERE.
Source: China Daily
You must log in to post a comment.