Former Central Bank Official: China Housing Slump to Continue into 2025

According to Sheng Songcheng, a former director of the People's Bank of China's statistics and analysis department, China's property market may continue to experience a downturn for another two years before stabil ...

Chinese Property Companies Raise 33.4% YoY More Finance in December

The People's Bank of China states earlier this month that the floor on mortgage rates can be lowered or abolished for first-time home buyers in phases, in the case of cities where the selling prices of new homes f ...

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