China's financial regulators have drafted an action plan for improving the balance sheets of quality property developers in an effort to defuse financial risks to the real estate sector and assist the property market to form a virtuous cycle.
January 14, 2023China's prudent monetary policy will focus on coordinating the expansion of domestic demand and supply-side structural reform, Xuan Changneng, vice governor of the People's Bank of China, said on Friday.
January 14, 2023