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1 year ago

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China to relax floor on mortgage rates to revive housing sector

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China to relax floor on mortgage rates to revive housing sector

Chinese local governments may relax the floor on mortgage rates for first-time home buyers in some cities in phases, the central bank said on Thursday, in a bid to prop up property prices and revive a flagging engine of the world's second-largest economy.

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China to relax floor on mortgage rates to revive housing sector

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China to relax floor on mortgage rates to revive housing sector

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