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New measures could be turning point for China’s property market: UBS

Photo by Skull Kat on Unsplash

A string of measures aimed at increasing support for project delivery, developers’ financing and protecting homebuyers’ legal rights could be significant for the China’s ailing housing market, according to a UBS note on Monday. New measures from the People’s Bank of China and the China Banking and Insurance Regulatory Commission, the country’s top financial regulators, include credit enhancement support for…

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