China plans new steps to support the property sector and may increase government borrowing to boost the economy. Local governments will use special bonds to buy unsold homes. The central government has room to borrow more, and new fiscal stimulus details may follow after a top lawmakers meeting.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.