Summary | The People's Bank of China's decision to cut the
reserve requirement ratio and the benchmark interest rates will
encourage more homebuyers to buy bigger, newer homes and help
developers reduce inventories in the first-and-second-tier
cities, sources said on Wednesday.
reserve requirement ratio and the benchmark interest rates will
encourage more homebuyers to buy bigger, newer homes and help
developers reduce inventories in the first-and-second-tier
cities, sources said on Wednesday.
chinadaily.com.cn | 28 August 2015