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Posted: 2025-06-01 23:44:08 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-06-01 23:44:18 UTC
Verified By
Rollup News
Local governments in China are increasing their efforts to purchase unused land to alleviate financial strain on developers and stabilize the struggling property market.
Local governments buying unused land
Easing financial pressure on developers
Stabilizing the property market
Cash-strapped developers
Sluggish property market