China granted another 1 trillion yuan ($161 billion) quota to provinces to swap high-interest debt into low-cost bonds, doubling the previous amount.From May: China Local Debt Risk Rising, Minsheng Estimates ¥2.3 Trillion Needed in 2015
The expansion, which brings a quota first issued in March to 2 trillion yuan, is an important measure to stabilize growth and prevent risks, the Ministry of Finance said in a statement.
Realtor.com Reports Active Inventory Up 35.0% YoY; Most Home For Sale Since
August 2020
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*What this means:* On a weekly basis, Realtor.com reports the
year-over-year change in active inventory and new listings. On a monthly
basis, they report t...
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