'China must do more to lift employment, stabilise housing market'
Saturday, 9 March 2024
China acknowledges the need to boost employment and stabilize the property market. Youth unemployment reaches an unprecedented 21.3%. Major property developers struggle amid falling home prices. Efforts to reduce interest rates are made. Beijing sets an ambitious growth target of around five percent for 2024.
China acknowledges the need to boost employment and stabilize the property market. Youth unemployment reaches an unprecedented 21.3%. Major property developers struggle amid falling home prices. Efforts to reduce interest rates are made. Beijing sets an ambitious growth target of around five percent for 2024.
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