China Wants to Rescue its Housing Market. Will Beijing Succeed? | Vantage with Palki Sharma

China Wants to Rescue its Housing Market. Will Beijing Succeed? | Vantage with Palki Sharma

With more than seven million homes sitting empty, China's housing market is in a dire need of a rescue. Today, Beijing finally decided to pull the trigger. Chinese authorities have announced a broad rescue package - which lowers the down payment requirements and encourages local governments to buy unsold apartments. Will the plan work? Some experts are skeptical. They feel Beijing won't have enough money to help all distressed developers. Palki Sharma tells you more about the growing crisis within China's property sector.

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China | Property Sector Crisis | Rescue Package | Communist Party | Beijing | Xi Jinping | Stock Market | Empty Homes | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#china #propertysector #propertycrisis #rescuepackage #communistparty #xijinping #stockmarket #empytyhomes #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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