China Plan for Affordable Homes to Face Financing Challenge … – Bloomberg

China Plan for Affordable Homes to Face Financing Challenge … – Bloomberg

China Plan for Affordable Homes to Face Financing Challenge
Bloomberg
The nation needs 1.3 trillion yuan ($198 billion) for its affordable homes this year, excluding land costs, Housing and Urban-Rural Development Vice Minister Qi Ji said on March 9. The central and local governments will only provide 500 billion yuan,

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