Nós utilizamos cookies para entender como você usa nosso site e para melhorar sua experiência. Isso inclui a personalização de conteúdo e publicidade. Ao continuar a usar nosso site, você aceita nosso uso de cookies, política de Privacidade e termos de Uso. Cookies, Privacy Policy Term of use.
Video Player is loading.
Current Time 0:00
Duration 0:00
Loaded: 0%
Stream Type LIVE
Remaining Time 0:00
 
1x
131/3734
237 views • November 29, 2022

$84 Billion: Bank to Bail Out China’s Property Sector

NTD News
NTD News
China's real estate market is heading south and Beijing is now desperate to pump the brakes with major money in hand. Bank of China, the country's fourth-largest bank, has pledged a hefty line of credit to 10 real estate developers. Meaning they can borrow on a revolving basis to smooth out cash flow. The amount totals more than $600 billion yuan, equivalent to about US$84 billion.
Show All
Comment 0