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It is not known how many people are likely to end up paying more under the government's plan.
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News and Media
China's increase of the loan quota for unfinished residential projects to 4 trillion ($562 billion) fell short of expectations, causing a dip in property shares. Analysts criticized the move as incremental, while the government aims to stabilize the real estate sector and prevent a mortgage boycott.
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News and Media
Meta workers reportedly used vouchers that should have been spent on meals to buy household goods.
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News and Media
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