Pressure Builds on China to Ease Home BuyingBy
Will China’s officials try to reverse a slowing economy by easing up on tight property ownership policies? That is the question analysts, investors, and household buyers are all now mulling. And it has a new urgency as Beijing’s economic-boosting efforts to date are having limited effect. Those include three reductions in bank reserve requirements since last November and a cut in interest rates on June 7, the first time since 2008.
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