central government – Page 2 – Charm

China Allows Local Governments to Use Bonds to Buy Unsold Homes

Cs news7 months ago03 mins

(Bloomberg) — China will allow local governments to issue bonds to buy unsold homes to support the ailing property sector, as it pushes to put a floor under an economic slowdown. Most Read from Bloomberg The authorities plan to use special local government bonds and tools to aid the real estate sector, Finance Minister Lan…

Major Cities Ease Homebuying Rules as China Rolls Out Stimulus

Cs news7 months ago05 mins

(Bloomberg) — Three of China’s largest cities eased rules for homebuyers, following through on the central government’s latest efforts to prop up the embattled property sector. Most Read from Bloomberg Trading hub Guangzhou became the first tier-1 city to remove all restrictions, saying it will stop reviewing homebuyer eligibility and no longer limit the number…