16-October-2024
Economy News
 
China's Stimulus Promises Bring Property Sector Hope, Rather Than Confidence
15-Oct-2024

Chinese finance industry professional Zhang Jing made enough money from a recent stock market rally to consider hopping on the housing ladder but wants to hear more from the government before making a purchase. "I still don't have enough confidence," said the 28-year-old, who believes buying a first home will improve his chances of finding a marriage partner. "I need to see how things develop. I hope the government can introduce some effective policies to stimulate the economy," he said at a major property fair in the southern tech hub of Shenzhen held over the weekend.

News Source:- https://money.usnews.com/investing/news/articles/2024-10-14/analysis-chinas-stimulus-promises-bring-property-sector-hope-rather-than-confidence