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China increases housing project funding to 4 trillion yuan to address property market decline and support developers.
China is set to increase funding for approved housing projects to 4 trillion yuan (approximately $562 billion) as a measure to address the ongoing decline in the property market.
This initiative aims to stimulate growth and assist developers grappling with economic challenges, highlighting the government's commitment to supporting the housing sector and ensuring overall economic stability.
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China aumenta la financiación de proyectos de vivienda a 4 billones de yuan para hacer frente al declive del mercado inmobiliario y apoyar a los desarrolladores.