[ad_1] China issued sweeping directives to rescue its property sector, adding to a major recalibration of its pandemic response in the strongest signs yet that President Xi Jinping is turning his attention toward shoring up the world’s second-largest economy. Financial regulators issued a 16-point plan to boost the real estate market on […]
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[ad_1] A sudden resignation by the founder and chairwoman of a top Chinese builder has added to concerns over China’s ailing property sector, fueling a further selloff that dragged many securities to record lows. Longfor Group Holdings Ltd., the country’s 10th-largest builder, tumbled in the bond and share markets Monday after billionaire […]
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