China to guard against risks in property market: Premier Li

March 05, 2023

"There are more potential risks in the real estate market and some small and medium-sized financial institutions are exposed to risks," Premier Li Keqiang said in the work report. Li made guarding against risks to top property developers this year one of the government's priorities this year, following through on the work done at a key economic meeting in December. "There are more potential risks in the real estate market and some small and medium-sized financial institutions are exposed to risks," Premier Li Keqiang said in the work report. Li made guarding against risks to top property developers this year one of the government's priorities this year, following through on the work done at a key economic meeting in December. China will ensure developers deliver pre-sold properties and expand the supply of affordable rental housing, the planner said.

The source of this news is from Tuoi Tre News