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China Eases Further – Aimed At Ailing Construction Sector

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 2, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    China has today eased policy further aiming its ammunition at the ailing construction sector. It has cut the down payment for first-time buyers from 25% to 20% (in cities without purchase restrictions such as Beijing and Shanghai). The down payment was also reduced last year, by 5 percentage points, in[​IMG]

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