China's housing rescue plan
Edited By WION Video Desk
Published: Sep 14, 2024, 06:55 IST | Updated: Sep 14, 2024, 06:55 IST
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As part of its efforts to encourage spending by lowering borrowing costs for millions of households, China is reportedly planning to lower interest rates on over $5 trillion in outstanding mortgages as soon as this month.
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