China’s central bank decided to cut the required mortgage down payment rates to stimulate house purchases.
from DailyFX - Forex Market News http://www.dailyfx.com/forex/fundamental/article/special_report/2016/02/02/forex-trading-China-housing-policy.html?DFXfeeds=forex:fundamental:article:special_report
China Eases Lending Standards to Boost Housing - Will it Work?
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