News Analysis
Beijing has recently ordered local governments to accelerate the listing and issuance of real estate investment trusts (REITs) in the infrastructure sector, pledging to grant policy support.
Beijing Expands Real Estate Investment Trusts to Reduce Local Government Debt Risk
A crane stands at the construction site of Evergrande Cultural Tourism City, a China Evergrande Group project whose construction has halted, in Suzhou's Taicang, Jiangsu Province, China, on Oct. 22, 2021. Aly Song/Reuters
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Frank Yue is a Canada-based journalist for The Epoch Times who covers China-related news. He also holds an M.A. in English language and literature from Tianjin Foreign Studies University, China.
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