Most mainland Chinese cities need a vibrant property market to drive local economies and pump up fiscal revenues. Photo: EPA Most mainland Chinese cities need a vibrant property market to drive local economies and pump up fiscal revenues. Photo: EPA
Most mainland Chinese cities need a vibrant property market to drive local economies and pump up fiscal revenues. Photo: EPA

Guangzhou last major Chinese city to relax mortgage rules

City follows Beijing and Shanghai in making it easier to borrow more from local provident fund

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Most mainland Chinese cities need a vibrant property market to drive local economies and pump up fiscal revenues. Photo: EPA Most mainland Chinese cities need a vibrant property market to drive local economies and pump up fiscal revenues. Photo: EPA
Most mainland Chinese cities need a vibrant property market to drive local economies and pump up fiscal revenues. Photo: EPA
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