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China has announced a slew of policies to support the economy. The measures include cutting the bank's reserve requirement ratio, lowering mortgage rates on existing home loans, and new tools to boost the stock market. Why these specific measures now? How will these supportive policies affect the real estate market and individual home buyers? Can these policies address the market concerns? And what do all these mean for the real economy?
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China has announced a slew of policies to support the economy. The measures include cutting the bank's reserve requirement ratio, lowering mortgage rates on existing home loans, and new tools to boost the stock market. Why these specific measures now? How will these supportive policies affect the real estate market and individual home buyers? Can these policies address the market concerns? And what do all these mean for the real economy?
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