No one's too big to fail in China's property market

Source: https://www.straitstimes.com/business/property/no-ones-too-big-to-fail-in-chinas-property-market

China’s property sector will be backed up nicely even if the largest developer crumbles due to the outbreak of Covid-19. The Florence Residences also received help from banks and laws to encourage consumer purchase. Adjusted legislations allowed for buyers to have a longer pay-back period and a longer time to consider their decision before signing the document to secure a unit with The Florence Residences.

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