A man walks by a surveillance camera near residential buildings in Beijing, China October 17, 2024. REUTERS/Florence Lo
HONG KONG, Sept 15 (Reuters Breakingviews) – Beijing’s broadest policy package yet attempts to tackle a six-year housing slump that has left 4 mln homes unsold. Spanning everything from presale financing to mortgage repayments, the reforms aim to reduce supply and rebuild confidence, not to boost immediate demand.
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Editing by Una Galani and Hudson Lockett; Production by Aditya Srivastav
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