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China to boost credit support for 'whitelist' properties
China doubles down on support for battered property sector
China will expand a "white list" of housing projects eligible for financing and increase bank lending for such developments to 4 trillion yuan ($562 billion) by year-end, Minister of Housing and Urban-Rural Development Ni Hong said on Thursday.
China to boost financing for approved housing projects to $560 billion to counter property slump
China has announced it will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), seeking to reverse a slump in the property industry
China to boost credit support for ‘whitelist’ properties to $560bn
China plans to almost double credit support for “whitelist” housing projects to Rmb4tn ($562bn) as part of official efforts to reinvigorate its property sector and turn around the economy. The whitelist was introduced in January and includes projects and developers eligible to receive further financing from local and state-owned banks to help them complete unfinished projects.
1d
Farms to fame: How China’s rural influencers are redefining country life
Digital-savvy farmers and countryside dwellers have used nostalgia and authenticity to win over Chinese social media. Stars ...
19h
on MSN
Trade War with China Would Hurt US Farmers: Report
A new study highlights the risks to American farmers if a United States-China trade war reignites, showing that tariffs would ...
中国日报网
8h
China delivers on parcel delivery services in rural areas
China has made remarkable strides in expanding its parcel delivery services to rural areas, addressing the critical ...
AgWeb
1d
Study Warns of Major Risks to U.S. Farmers From Potential U.S./China Trade War
The research underscores the importance of thoughtful consideration regarding the impacts of tariffs and tariff retaliation ...
2d
on MSN
Pair of giant pandas from China en route to Washington's Smithsonian National Zoo
Two giant pandas are expected to arrive in Washington, D.C., on Tuesday, continuing a decades-old culture exchange between ...
9d
Villages in northwest China see great changes from poverty to prosperity
"Bitterness and barrenness are found everywhere," was once a true reflection of many places in northwest China, including ...
8d
China’s youngsters are now 'retiring' outside cities
Young workers in China are increasingly opting for early “retirement,” retreating to rural areas as they struggle to navigate ...
8d
Harris courts Trump’s base as battle for rural vote heats up
Pennsylvania is so key that the Harris campaign has nearly 400 staff on the ground, including 16 offices in rural counties ...
12h
China to crank up credit lines to 4 trillion yuan for eligible ‘white list’ housing projects by year-end: official
China plans to expand bank credit lines for the “white list” housing projects to 4 trillion yuan ($562 billion) by the end of ...
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