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China Weighs Letting Local Governments Issue Bonds to Buy Homes

China is considering a new funding option for local governments to buy unsold homes after a series of rescue packages failed to prop up the market, according to people familiar with the matter.

Posted by Hicham ALAOUI RIZQ on 2024, Aug 20

Introduction

China is considering a new funding option for local governments to buy unsold homes after a series of rescue packages failed to prop up the market, according to people familiar with the matter.

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