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China’s buying of unsold homes lifts sentiment but is no cure-all: analysts

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China’s buying of unsold homes lifts sentiment but is no cure-all: analysts


planning to buy homes and rent them at affordable rates Authorities in Hangzhou, the capital of China’s Zhejiang province and home to Alibaba Group Holding and carmaker Geely, said on Tuesday they are planning to buy homes and rent them at affordable rates to reduce inventory and boost sales. The…

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