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China’s real estate crisis could be over with new rescue plan. Property stocks are soaring
Hong Kong CNN Business — Chinese authorities are making their biggest effort yet to end a crisis in the country’s vast real estate sector that has weighed heavily on the economy over the past year. Shares of China’s biggest property developer Country Garden soared as much as 52% in Hong Kong after Beijing on Friday unveiled a 16-point plan that significantly eases a crackdown on lending to the sector. Key measures include allowing banks to extend maturing loans to developers, supporting property sales by reducing the size of down payments and cutting mortgage rates, boosting other funding channels such as bond issues, and ensuring the delivery of pre-sold homes to…
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Garden ideas: ‘Seven main principles’ to plan ‘perfect’ gardens
When considering the planting for your garden first think about what it is you want to achieve, what colours you would like to use, what shapes and how much time you want to spend in the garden, both actively gardening and passively enjoying the garden. All these considerations can be done from the warmth of your sofa but thinking them through will help you make a garden plan. It’s extremely important to think about the location, the aspect, i.e. does it face north, south etc, is it in full sun all day, deep shade or a mixture of both? This will result in the “right plant, right place”. I recommend…
