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China Looks to Real Estate Trusts to Prop Up Market
Real estate investment trusts, popular in the United States, may become China’s latest attempt to stave off a contraction in the property sector.
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Yuan Exchange Rate Against US Dollar Plunges
The exchange rate of Chinese yuan (YUAN) against the US dollar has reached a four-and-a-half month low, affecting the Hong Kong financial market and reflecting an economic slowdown in China.
|
China Looks to Real Estate Trusts to Prop Up Market
Real estate investment trusts, popular in the United States, may become China’s latest attempt to stave off a contraction in the property sector.
|
Yuan Exchange Rate Against US Dollar Plunges
The exchange rate of Chinese yuan (YUAN) against the US dollar has reached a four-and-a-half month low, affecting the Hong Kong financial market and reflecting an economic slowdown in China.
|