14 Apr China property: ‘iPhone City’ gets a consumption upgrade incentive with trade-in scheme to revive woeful housing market
Posted at 03:30h
in Asia
China is encouraging more property owners to swap their old homes for new ones as a way to rejuvenate the market, with a local government in central Henan province joining at least 30 other mainland cities in embracing the “trade-in” programme.Authorities in the provincial capital...