BEIJING : The bubbling trend of China's property sector has been curbed as measures to support the industry are gaining traction, Deputy Governor of the People's Bank of China Pan Gongsheng said on Friday, adding the property sector is improving. China will push forward the transformation of the property
BEIJING : The bubbling trend of China's property sector has been curbed as measures to support the industry are gaining traction, Deputy Governor of the People's Bank of China Pan Gongsheng said on Friday, adding the property sector is improving.
China will push forward the transformation of the property sector and insist that housing is for living, not for speculation, Pan said. New home sales in China rose sharply in February from a slump in the previous month, buoyed by a rise in demand in small and medium-sized cities after the scrapping of COVID curbs and supportive property policies, a private survey showed on Monday.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lukashenko in China says Belarus ‘fully supports’ Beijing’s Ukraine planTalks “should be aimed at preventing a slide into a global confrontation that will see no winners”, he tells China’s President Xi Jinping. Read more at straitstimes.com.
Read more »
China and Asean to meet next week to discuss code of conduct on South China SeaAs chair of Asean this year, Indonesia has said it would hold talks between member states and China on the disputed waters. Read more at straitstimes.com.
Read more »
Visitor flock to Macau again, but its gambling dependence draws Beijing’s ireEven as Macau recovers – gambling revenue jumped by a third in February – its long-term challenges are coming into sharper focus. Read more at straitstimes.com.
Read more »
China will adjust monetary policy in a timely way - PBOC vice-governorBEIJING : China's central bank will adjust monetary policy in a timely way, Liu Guoqiang, vice-governor of the People's Bank of China (PBOC), said at a press conference in Beijing on Friday.The central bank will steer monetary policy mainly on the basis of domestic conditions, he added, and the PBOC will
Read more »
China says COVID-19 'lab leak' claims hurt US credibilityBEIJING: Beijing accused Washington on Wednesday (Mar 1) of harming its own credibility after a top US intelligence official said his agency believed the COVID-19 pandemic 'most likely'
Read more »
US Treasury official visited China last week, sources sayWASHINGTON : A senior U.S. Treasury Department official met with Chinese counterparts in Beijing last week, sources familiar with the matter said, reflecting Treasury's continued desire to maintain open channels of communication with China.Robert Kaproth, a deputy assistant secretary focused on Asia, held
Read more »