Thursday, January 20, 2022

China Drafts New Rules to Ease Property Developer Cash Crunch

China's drafted new rules to make it easier for property developers to get access to presale funds to help ease a massive cash crunch in the sector.

That's according to an exclusive report by Reuters, quoting people familiar with the matter.

Patrick Fok has more from Beijing.

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LINK:  http://www.fsnradionews.com/feeds/2001_cnpropreg.mp3