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China's new rescue plan for the Property Sector | World Business Watch | WION News

China's new rescue plan for the Property Sector | World Business Watch | WION News

China's new rescue plan to support the property market after dolling out billions of dollars in stimulus. To help millions of households cut borrowing costs and increase spending, china is thinking about letting homeowners refinance up to 5.4 trillion dollars in mortgages.

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