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Tag: Borrowers

Explainer: What do China\’s eased mortgage policies mean for home buyers, property sector

wangxiao09/01/20230

BEIJING, Sept. 1 (Xinhua) — China\’s financial authorities eased mortgage policies on Thursday in an effort to better meet housing demand and promote sound development of the property sector. Here is

Explainer: Why won\’t China become the next Japan?

wangxiao07/20/20230

BEIJING, July 19 (Xinhua) — There has been a lot of hype recently across some Western media outlets over whether China is entering a \”balance sheet recession,\” which — according to some — could dra

U.S. Supreme Court strikes down Biden administration\’s student loan debt relief plan

wangxiao07/01/20230

The White House responded in a press release that \”the court\’s decision to strike down our student debt relief plan is wrong\” and \”this fight is not over.\”
WASHINGTON, June 30 (Xinhua) — The U.S. Sup

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