Global Business: China takes big steps to boost property sector

CGTN's Asieh Namdar spoke to Wang Dan, Chief Economist at the Hang Seng Bank China, about the new measures announced by the People’s Bank of China, to support the real estate sector, including lowering minimum down payments and a $42B pledge to help state-owned enterprises buy unsold property. #biz #bizshow #China #economy #property Watch CGTN LIVE on your computer, tablet or mobile https://cgtnamerica.vhx.tv/videos/hd-live-broadcasts Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook: @cgtnamerica Instagram: @cgtnamerica TikTok: @newstoks This material is distributed by MediaLinks TV, LLC on behalf of CCTV. Additional information is available at the Department of Justice, Washington, D.C.