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Chinese Government blinks, eyes property bailout
Latest Company News - Finance News Network
English - July 28, 2022 21:35 - 1000 KBBusiness News News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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29 Jul 2022 - A flurry of excitement Thursday afternoon as the government of President Xi Jinping finally broke and let slip plans for a $US144 billion bailout (yuan 1 trillion) of the country’s debt ridden, stricken property sector.