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The down payment for first-time homebuyers in Hefei city and Wuhan city have been lowered from 20% to 15% - the lowest ratio allowed that the central bank announced last week, Shanghai Securities News reported on Wednesday.
Several cities across China have lowered down payment and mortgage loan interest rates, in response to the latest wave of stimulus measures to boost lackluster property demand, state media... -May 22, 2024 at 07:20 am EDT - MarketScreener
Six volunteers and advocates were recognized with Medals of Good Citizenship in Vancouver on Thursday, during an emotional ceremony where the province recognized their efforts to make communities better.
State-owned companies will dominate as the age of ‘fast leverage and fast growth’ is over, and developers face brutal years ahead, analysts said.
State media made it clear that whopping amount would focus on reconstruction of areas hit hard by natural disasters — such as this summer's historic floods.