China Spends 42 Billion To Save Its Slumping Real Estate Market

Last updated: June 11, 2025, 23:10

China Spends 42 Billion To Save Its Slumping Real Estate Market

The pull the real estate

‘Disappointing’: China’s US$42 billion plan to buy up unsold

The pull the real estate sector out of the slumber, the Chinese government announced a support package of 300 billion yuan, equivalent to $42 billion. The funding

China has unveiled wide-ranging measures to rescue its property sector, including asking local governments across the country to buy unsold homes from beleagured

BEIJINGChinese authorities on Friday pledged

Beijing is spending $42 billion to save its slumping real estate

China is fixing housing market with a long gaze

BEIJINGChinese authorities on Friday pledged new support for state-owned enterprises to enable them to buy unsold apartments, in an effort that could help

The support package announced Friday

China pledges $42 billion in a slew of measures to support the

The support package announced Friday features a 300 billion yuan ($42 billion) facility from the People’s Bank of China that will fund bank loans for the state

China Attempts to End Property Crisis With Broad Rescue Package

Beijing is making a bold

Slow implementation is hampering China’s 300 billion yuan (US$42 billion) plan to have local governments buy up unsold flats to help troubled developers, blunting the

Housing market: China unveils sweeping measures to rescue its

Beijing is making a bold move to address its faltering real estate sector with a new $42 billion initiative. However, experts warn that this may be insufficient to fully revive

Xi Jinping

China's $42 Billion Housing Rescue: Will It Be Enough to Revive the

Xi Jinping’s government announced its most forceful attempt yet to rescue the beleaguered Chinese property market, relaxing mortgage rules and urging local

Only 4% of a 300 billion yuan ($42 billion) relending scheme to help mop up residential inventory has been drawn by local governments and state firms, central bank data

China Spends $42 Billion To Save Its Slumping Real Estate Market