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Seo expate
Aug 03, 2022
In General Discussion
This week, the Chinese media "First Financial" reported that: Recently, the owners of unfinished buildings in many places have issued statements to forcibly stop loan repayments until the related projects are fully resumed. The cities involved include Zhengzhou, Shangqiu, Xinxiang, Henan Province, Henan Province and Henan Province. Nanyang, Zhoukou, and cities in Shanxi, Jiangsu, Jiangxi, Hunan, Hubei, Guangxi, Shaanxi and other provinces. According to China's statistics, as of job email list the end of 2021, the total construction area of ​​unfinished buildings in 24 key monitoring cities is nearly 25 million square meters, accounting for 10% of the total transaction area of ​​commercial housing in 2021. In addition to the "unfinished" problem of residential buildings under construction, a new rescue measure called "group purchase of houses" has also appeared in many places in China. According to incomplete statistics from The Paper, since June, at least Taiyuan in Shanxi, Zhongshan in Guangdong, Shenyang in Liaoning, Tonglu in Zhejiang, Tongling in Anhui, Pu'er in Yunnan, Bazhong in Sichuan, Huanggang in Hubei, Changchun in Jilin and other places have released policies related to "group purchase" or activity.
What rescue measures does China have? content media
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