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China Pumps Billions to Save Ailing Property Sector

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China Pumps Billions to Save Ailing Property Sector
May-17-2024
China is doubling down on saving its slumping real estate sector, asking debt-ridden local governments to buy homes that are yet to be sold. One big question remains: where is the money coming from? Russian President Vladimir Putin is wrapping up his trip to China Friday. We have more on what the White House says about Beijing ...
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