Times of India

China property crisis: Why Beijing is moving away from the pre-sale model

China property crisis: Why Beijing is moving away from the pre-sale modelWorldPing

China's central bank and financial regulator unveiled new property sector guidelines. These measures aim to reduce developer reliance on presale funds significantly. Mortgages will now be issued only after housing projects are fully completed.

This is a short WorldPing brief. The full report was published by Times of India.

Read the full report at Times of India

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