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✉news BusinessReal Estate first seen 8 h ago, last 4 h ago, peak #10

China unveils new measures to support property market

Original: China rolls out fresh measures to prop up property market, housing

China has announced a new set of measures aimed at propping up its struggling property market and housing sector. The steps are the latest in a series of interventions by Beijing as authorities try to stabilise a real estate downturn that has weighed on the world's second-largest economy. Details of the specific measures remain limited in initial reports.

Why now: China's property sector downturn has been a persistent drag on the economy, so fresh government intervention draws broad attention.

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