Published: Sep 01, 2024, 06:25 IST | Updated: Sep 01, 2024, 06:25 IST
Let's us now look at 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.