| From China Daily: The government's decision to slash the minimum financial requirement for commercial property investment for the first time in 13 years will help ease property developers' capital strain and stabilize housing prices, analysts said.
The minimum amount of capital needed to jumpstart a new commercial property or an affordable housing project has been lowered from 35 percent of the total project cost to 20 percent, the State Council said in a statement on Wednesday.......Full Article: Source
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