China Mulls $137 Billion of New Funds to Aid Troubled Housing Market

China Mulls $137 Billion of New Funds to Aid Troubled Housing Market

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For your information, you can find below the description of the video China Mulls $137 Billion of New Funds to Aid Troubled Housing Market published by the Youtube channel Bloomberg Television:

Bloomberg has learned that China plans to provide at least 1 trillion yuan ($137 billion) of low-cost financing to the nation’s housing program. This would mark a major step-up in Beijing’s effort to boost economic growth and to put a floor under the biggest property downturn in decades. Stephen Engle reports on Bloomberg Television.
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