China Adds Property Support With M&A Funding, Bank Rate Cut

(Bloomberg) — China is ramping up support of the embattled real estate sector as growing stress in the industry threatens to deepen an economic slowdown.Most Read from BloombergSouth Africa Hospitalization Rate Plunges in Omicron WaveBiden to Issue ‘Stark Warning’ on Vaccination Amid Covid SurgeStocks, Futures Sink on Virus, Manchin Shock: Markets WrapEurope Braces for More Covid Lockdowns as U.K. Cases SurgeEngland Has Hundreds of Thousands of New Omicron Cases DailyAuthorities are encouraging
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