Logo 16 Aug 2023

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Trivium Markets keeps you briefed on the latest developments in China markets policy.

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Several second-tier cities are planning to reduce down payment requirements for buyers of second homes.

CCTV reported on Tuesday that the cities include Fuzhou, Xiamen, Chengdu, and Shenyang.

Citing unnamed sources, CCTV said regulators will lower the minimum down payment in these cities to 30%.

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