LIVE: China Property Crisis: Beijing Pushes Rescue Package | Xi Jinping | Vantage with Palki Sharma
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Published 2024-05-17
China's property market is collapsing, with home sales hitting rock bottom. To tackle this crisis, the Chinese government is stepping in as a buyer of last resort. Officials have announced a nationwide scheme where local governments will purchase unsold apartments from developers to convert them into affordable housing. Chinese banks will be offering loans to the state-owned companies to facilitate these purchases. This comes after the Chinese policymakers tried dozens of measures to attract homebuyers and reverse the steep decline of the country's property market. Will this new strategy solve the problem? And will it help developers struggling with billions of dollars' worth of debt? On Vantage tonight, Palki Sharma brings you the full story.
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China | Property Sector Crisis | Rescue Package | Communist Party | Beijing | Xi Jinping | Stock Market | Empty Homes | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#china #propertysector #propertycrisis #rescuepackage #communistparty #xijinping #stockmarket #empytyhomes #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
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All Comments (21)
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I do not understand ... how 7 million homes can accommodate 3 billion people ?? 2000 folks in one house ??
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The best solution is to make schools heat proof or heat resistant. start the school at 8.30am and finish by 4pm. Make midday break for 1.5 hrs (recess time) so that kids can take a rest or nap. In this way the majority of the heat wave time kids will be in the school under the roof. Or simply make the summer vacation for 3 months and give kids some extra homework to do.
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No person with common sence will buy these property from his hard earned money. 🤔🥺
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Just writing this sincerely, one time in life I want to meet Palki Sharma and say " Hi ! You are doing an excellent job, thank you so much giving me so much news and knowledge " .. take care be well
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I learn so much from First Post. I like to know what's going on around the world and find Western Media to be too biased and obsessed with issues that aren't very important. I think it's very interesting so many people who follow this youtube channel don't live in India. That speaks to this news outlets dedication to providing the facts. I also appreciate the context Palki Sharma often provides. For the most part she includes background information with every news story which is very helpful. A lot of other news outlets don't do that so your left with some story about something that happened with no context so you have no idea what it means or why it's even news.
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All the appartments are build with poor quality material n poor standard. Because of corruption there is no quality control. Would you want to buy one...?👈😏😏
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Palki Sharma is so great with her great analysis Congraculations
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let me tell you how Iranian, Russian, Arabs, Central Asian, South Asian rich people will invest in chinese government bill outs , just like america does with banks.
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Thanks.
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7 million homes can house 3 billion people?? My maths is failing
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I live in a Cannabis State in US.. there's about 22 of 50 States that are legal. You can buy it in many different forms like Gummies, Vaping and Smoking or grow your own.. It's alright 🦋
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Amazing.. china has the ability to fund such big sum
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How's India doing housing it's very poor?
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27:00 WWE ROYAL RUMBLE TAIWAN.😂
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Thank you ma'am
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Love Palki!
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What a news and what a news analysis. Palki keep up this amazing broadcasting.
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Thanks palki. God bless you! U r one classy lady. Excellent, honest and entertaining reporting! 🙏👍🌈
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Fascinating info on Pyramids
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Gracia's Mrs Palki Sharma!
